Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good

05/08/2024, 6:30 AM
businessinsider.com

Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good

Brian Snyder/Reuters

Universal basic income is winning support from some as a powerful tool to combat poverty, but Ray Dalio thinks it could be harmful and pull cash away from better social programs.

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