Dalio says longer-term pressure is to ease monetary policy

Comments from Ray Dalio

• Longer-term pressure is to ease monetary policy
• Says effectiveness of monetary policy is through currency
• Says US in the mid-point of short-term debt cycle
• Federal Reserve can't raise faster than discounted in curve

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Bloomberg carrying the headlines, from an interview on Bloomberg TV.

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Ray Dalio is founder of Bridgewater Associates. And just all round genius.