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Dalio wrote in his 2021 book, ''Principles for Dealing with the Changing World Order'':<ref>[https://www.amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276 Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail], November 30, 2021, by Ray Dalio. [[Amazon.com]]</ref>
Dalio wrote in his 2021 book, ''Principles for Dealing with the Changing World Order'':<ref>[https://www.amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276 Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail], November 30, 2021, by Ray Dalio. [[Amazon.com]]</ref>
{{The decline phase of an [[empire]] is always accompanied by [[inflation|money printing]], rising [[debt]], internal conflict, and loss of [[reserve currency]] status.}}
{{Cquote|The decline phase of an [[empire]] is always accompanied by [[inflation|money printing]], rising [[debt]], internal conflict, and loss of [[reserve currency]] status.}}
==References==
==References==