Tina Fey Jokes About Ray Dalio’s Gold-Backed Dollar Dream

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Imagine this: The U.S. dollar might actually get back to being gold-backed, according to Ray Dalio. Because apparently, trusting shiny rocks is more reliable than trusting the government to not print money like it’s going out of style.

Ray Dalio Hints at Possible Dollar Reset as Confidence in Fiat Fades

So, here we are, folks, in a world where the idea of gold backing our dollars sounds almost reasonable. Ray Dalio, the guy who made a fortune figuring out how to make even more money, dropped some wisdom on the internet (yes, that place where everyone is an expert now). On Aug. 5, he posted something that made my eyebrows raise and my coffee spill:

The U.S. dollar used to be backed by gold – and it’s not farfetched to think we may be headed there again in the future. 🤔💰

Now, let’s break this down. Dalio’s saying that history repeats itself, which is a fancy way of saying, “Hey, remember when we did this before?” He explained:

History shows us that the same cycles repeat time and time again. One such cycle is related to currency devaluation. Like, duh, right?

According to Dalio, the process goes a little something like this: Governments print too much money, they pay off debts with cheaper dollars, people start to question the whole thing, and then-voilà!-we’re back to gold. Or maybe just a really shiny rock.

Dalio added:

Once people start to lose trust in the fiat system, we see a specific cause and effect reaction occur. It’s like a bad breakup, but with your wallet.

Now, Dalio isn’t exactly calling for a return to the gold standard tomorrow, but he’s definitely leaving the door open. He said:

Will this same pattern happen again? It’s hard to say, and it wouldn’t happen anytime soon. But it is conceivable. 🤷‍♀️

This conversation about gold and fiat currencies is part of a larger debate. Some people are all, “Gold is the answer!” while others are like, “No, let’s just stick with the digital stuff.” Either way, it’s a fun thought experiment, especially if you’ve got a few bars of gold lying around. 🏆

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2025-08-06 06:58