u/RayTDalio
Hey Mr.Dalio, I hope you are doing well. I bought your book a few weeks ago and I really loved reading it! Thank you so much for doing this AMA.
I have two questions though. You advocate that countries try and decrease the amount of extreme wealth inequality they have through the taxation of very wealthy individuals. My question is couldn’t this provoke anger not only from the very wealthy but from those that want to achieve this kind of wealth in the future? Many people want to enjoy the benefits of being wealthy in a capitalist system so wouldnt high taxation provoke anger that the government is punishing those that worked really hard and strived for wealth?
My second question is a bit more personal to me. If the United States continues down this path and falls as an empire what do you think will happen to American hedge funds and the analysts that work at them. Do you think we will see a boom in Chinese hedge funds?
Thank you so much! I really appreciate it!
finance4004 karma
u/RayTDalio
Hey Mr.Dalio, I hope you are doing well. I bought your book a few weeks ago and I really loved reading it! Thank you so much for doing this AMA.
I have two questions though. You advocate that countries try and decrease the amount of extreme wealth inequality they have through the taxation of very wealthy individuals. My question is couldn’t this provoke anger not only from the very wealthy but from those that want to achieve this kind of wealth in the future? Many people want to enjoy the benefits of being wealthy in a capitalist system so wouldnt high taxation provoke anger that the government is punishing those that worked really hard and strived for wealth?
My second question is a bit more personal to me. If the United States continues down this path and falls as an empire what do you think will happen to American hedge funds and the analysts that work at them. Do you think we will see a boom in Chinese hedge funds?
Thank you so much! I really appreciate it!
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