Dalio Tempers Cash is Trash View, Now Sees Cash as Relatively Attractive
- Ray Dalio says cash is now relatively attractive compared to other assets
- Cash has decent expected returns and lacks price risk
- Dalio previously said "cash is trash" when returns were near zero
- He warned cash would lose buying power from rampant currency debasement
- Dalio advised viewing returns in inflation-adjusted terms, not nominal dollars
