to speed up a bit to prove my case but take a listen to what he says right after you've expressed concern about low interest rates that often lead to higher debt burdens and inflation would you say that characterizes what's happening in the united states right now well let me let me clarify um the three things that you mentioned are financial conditions the production of debt and money to monetize those the internal conflict over wealth and other things politics the greater extremism and then the rise of a great power to challenge an existing great power in the form of china those three things never happened in my lifetime before okay so this scenario has never before been seen in u.s history at least not since the country has emerged as a global superpower so what does it exactly mean for the economy well we focus our attention on the first sign monetization of debt the u.s isn't going to be the first to go through something like this it's happened before and the results have been consistent as dalio states in his book the printing of massive amounts of money is the last stage in a long-term debt cycle inflation begins to occur and we are seeing this with goods services and most financial assets beginning to jump in price you see when you inject an enormous amount of dollars into the economy there is a perception of wealth creation but in reality the standard of living for the average person stagnates and even drops off you may think that money printing destroys the stock market but study history and you see that markets typically rally during a currency crisis even in weimar germany where citizens witnessed the complete destruction of a currency the german mark the german stock market flourished and rose even when measured through the prism of the dollar so while the dollar can erode quickly the markets can potentially protect you during these troubling times that brings me to the sponsor for today's video URL_TOKEN it's an investing platform where you can buy stocks and etfs there is no commission fee on standard stock trades and there is no account minimum to get started you can also buy fractional shares with as little as one dollar but what makes public different is the community experience they bring to investing you can actually share ideas with other members and get insights from other notable investors i just really like the social aspect of the app because you can actually find me on there in case you're curious to see what market news and trends i'm following they also have in-app explanations which mean if you don't know what something means you can click on a keyword and it'll show you its definition right there in the app very beginner friendly and you can learn as you invest but my favorite part about public is that they put their investors first because they do not accept payment for order flow public made the decision not to accept payment for order flow which means they don't sell your trades to market makers unlike other investing apps instead they place the trades directly click the link in the description below or go to URL_TOKEN forward slash mhfin where you can get a free stock between three and three hundred dollars when you make an account and deposit some money thank you for sponsoring this part of the video now let's get back to dalio's take on the future of markets ray understands what the federal reserve has done in the past two years while we can listen to people like peter schiff who criticized the fed's every move we have to be realistic in february of NUMBER_TOKEN the bank was put into a very difficult situation the fed balance sheet was already at
START_SPONSOR_TOKEN me to the sponsor for today's video URL_TOKEN it's an investing platform where you can buy stocks and etfs there is no commission fee on standard stock trades and there is no account minimum to get started you can also buy fractional shares with as little as one dollar but what makes public different is the community experience they bring to investing you can actually share ideas with other members and get insights from other notable investors i just really like the social aspect of the app because you can actually find me on there in case you're curious to see what market news and trends i'm following they also have in-app explanations which mean if you don't know what something means you can click on a keyword and it'll show you its definition right there in the app very beginner friendly and you can learn as you invest but my favorite part about public is that they put their investors first because they do not accept payment for order flow public made the decision not to accept payment for order flow which means they don't sell your trades to market makers unlike other investing apps instead they place the trades directly click the link in the description below or go to URL_TOKEN forward slash mhfin where you can get a free stock between three and three hundred dollars when you make an account and deposit some money thank you for sponsoring this END_SPONSOR_TOKEN