Ray Dalio: This is what money actually is...

Obviously not financial advice I'm just some guy on the internet

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00:00 Ray Dalio's new book & Youtube video
00:50 3 Types of money
02:15 How & why money is devalued
03:00 Gold, Bitcoin and USD money characteristics
06:00 The problem with the fiat money
06:30 Digital currencies
07:15 Taking a look at the book
09:35 Bitcoin and gold as investments?
11:20 What is money??
12:50 Discussion on monetary systems