Evidence receipt / belief
Published · transcript-backedRay Dalio: belief
15 Dec 2021 Conversations with Tyler Ray Dalio on Investing, Management, and the Changing World Order
“By transitory, I think everybody understands that to mean temporary shocks that don’t become chronic, and therefore, we don’t have a chronically higher rate of inflation.”
Source trail
Everything needed to verify it.
- Speaker
- Ray Dalio
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 15 Dec 2021
- Publisher
- Conversations with Tyler
Transcript context
…We’re speaking in November of 2021. Are currently observed rates of inflation in the United States going to be transitory? And what do you understand by that term? Well, I’ll start by what I understand by the term, and then I’ll answer your question. By transitory, I think everybody understands that to mean temporary shocks that don’t become chronic, and therefore, we don’t have a chronically higher rate of inflation. It settles back to the older rates of inflation that existed before it, but it’s not a problem. That’s what I mean by transitory. Do you agree with that definition? Sure, it’s fine, yes.…
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