Can We Still Rely on Cash As A Currency?

#raydalio #howcountriesgobroke

[psychedelia-sc]

"We need to address the liquidity issue of debt to lower interest rates." : This is true. Even though money might pour in, what will it do and how is it going to solve the problem?

[KaranRathod-ry]

"Which course - Financial Management or Financial Manager - guarantees success?"

[NWLori]

I’m not clear on the supply/ demand. Do you mean supply of goods? Does it apply to houses? I know what supply and demand is, but I’m not sure how the government supplies the buying. Lowering prices?

[debbiecob]

The want to get rid of cash because they cant control it on the local level. We go all digital we are totally screwed.

[AlgoNudger]

Cash will be trash in the near future for the ppl who cant produce their own food, water, and energy. 🤭

[kendalludden]

Cash is optionality, gold is money, bitcoin is digital capital and you need to diversify properly.

[jimmclean]

Hi Ray, how about a segment on why we need to go back to the pre Reagan tax model. You know when there was not a debt issue.

[PonderDuke]

Higher rates are good in a way that the stock market will crash and we can buy good businesses for much cheaper prices.

[AlgoNudger]

Cash will be trash in the near future for the ppl who cant produce their own food, water, and energy. 🤭