Billionaire Ray Dalio Foresees Fed Resorting to Money Printing to Cover Losses from High Rates

Billionaire Ray Dalio predicts a return to money printing by the Federal Reserve as it loses money from high interest rates.

Dalio says central banks globally have experienced losses from higher rates, impairing their capital.

In the UK, losses equal 2% of GDP, meaning more government borrowing or money printing.

The Fed is also losing money as it keeps rates high, which will compound debt issues.

Ultimately Dalio believes the Fed will resort to printing money to cover losses from the rate environment.