
Ray Dalio Says Gold and Crypto Will Outshine Fiat Amid Mounting U.S. Debt
Published September 19, 2025
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A parody card showing Ray Dalio as the ultimate value boss: gold, Bitcoin, Ethereum, and disdain for failing paper currencies-all staged in front of fiat collapses and a pimped-out ride.
Ray Dalio warned that rising U.S. debt and deficits are making fiat currencies weaker and less reliable, and said that gold (and similarly non-fiat currencies like Bitcoin and Ethereum) will become stronger stores of value. He suggested investors shift some portfolio allocations away from traditional debt instruments toward these alternatives.
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