The Block(@TheBlockCo):THE BLOCK: As debt levels rise and central banks increasingly monetize government debt, Bridgewater founder Ray Dalio expects a broad devaluation of fiat currencies and poor returns from bonds. "I expect non-government-produced monies like gold and Bitcoin to do relatively well," Dalio wrote Friday in a post on LinkedIn. "I suggest...overweighting gold and a bit of Bitcoin."

2026.08.21 18:42

THE BLOCK: As debt levels rise and central banks increasingly monetize government debt, Bridgewater founder Ray Dalio expects a broad devaluation of fiat currencies and poor returns from bonds. "I expect non-government-produced monies like gold and Bitcoin to do relatively well," Dalio wrote Friday in a post on LinkedIn. "I suggest...overweighting gold and a bit of Bitcoin."