Ray Dalio
speaker
1,879 appearances
2 recordings
1 series
first heard Sep 2025
last heard 30 Jul
Ray Dalio’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
You pay inheritance taxes.
And there are ways that you can raise taxes and not hurt the economy.
But we do have to realize that it will lessen investment because what wealth is mostly used for is to put it into investment.
So you have to do this at the same time.
the improvements in those that are going to improve productivity, like education and so on.
If you're just making transfer payments, wealth payments, and you undermine the productivity of the society by doing that, in other words, you're just giving it for consumption and so on, and the money's going from what was capital expenditures and those kinds of investments that make
a better, more productive society to go to, in a sense, consumption and so on that doesn't produce that productivity, that's going to be a problem.
So you have to think, how do you make people productive and how do you make your society productive for most people?
Or you're going to have to find a way where you say that other group of people who is not productive, the overall society can have a higher level of productivity, but we're going to still establish this bottom that I'm talking about, the bottom in education, the bottom in conditions.
And then you have to say who is capable of doing it, building a society that will be productive.
And who is that?
Well, as I say, you have this dynamic problem that typically a privately owned, capitalist owned business will do better than their government counterparty.
That system.
Yeah, and capitalists.
In other words, people who are capable of making the thing they're responsible for productive.
Okay?
Run efficiently.
Run efficiently.
So you need those...
indisputably.
Showing 601–620 of 1,879 · page 31 of 94
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