Having gone through quite a few books in the last couple of years, what Dalio says about money, economy, political climate particularly make sense based on what I have read. He is also the guy who has recently popularized the term cash is trash. He is also the person who inspired me to operate in a gold based framework rather than a paper money framework. I will reiterate one of his points here, if the global central banks are bent on increasing their balance sheet to monetize away the debt, the value of money will be affected. Please refer back to my blog post on Vancouver Real Estat prices against gold in the last 15 years. What we need to hold are hedges against this event. Remember, if I change the length of a feet to half a feet, a six foot guy will be twelve feet tall, in reality, the guy hasn’t changed height, it’s the measurement that I have changed.