# @raydalio on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DXE_BSkAALW
- **Gondola URL:** https://gondola.cc/posts/65335633-raydalio-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/3332e7f736.jpg
- **Posted:** 2026-04-13T16:04:59.000+00:00
- **Account Owner:** Ray Dalio (@RayDalio) — https://gondola.cc/RayDalio

## Caption

Money is debt, and debt is money. It confuses a lot of people when I say that, but the mechanics are fairly straightforward.

A debt instrument is just a promise to deliver money in the future. What that money is worth determines the value of what you’re holding.

That’s why currency valuation is so critical, and why I think people need to pay more attention to it when thinking about the broader economy. @nikhilkamathcio

## Stats

- **Views:** 64,365
- **Likes:** 5,822
- **Shares:** 0
- **Comments:** 83

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Ray Dalio | @RayDalio | https://gondola.cc/RayDalio | Client |
| Julian Smith | @byjuliansmith | https://gondola.cc/byjuliansmith | Graphic Designer |
| Julian Smith | @byjuliansmith | https://gondola.cc/byjuliansmith | Video Editor |

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