Ray Dalio Discusses Major Financial Crises (Podcast)
Masters in Business
00:00
Is There a Way to Reduce Inequality?
I think you could put together public-private partnerships. And that could be corporations or philanthropists together with the government to do high return on investment. Think about the cost of not getting through high school and not getting a job in an individual's lifetime. That means everything from police to courts to jails and beyond. I support microfinance. For every dollar that I give to microfinance, $12 is lent out to people in the first five years because they get paid back.
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Transcript
