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."

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The Block@TheBlockCo

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."