Moody's, credit rating
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Ray Dalio warns that Moody's credit downgrade doesn't reflect the risks of money printing by the federal government in order to pay off debt.
The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
Moody’s downgrades U.S. credit rating from Aaa to Aa1 over rising debt and political gridlock, ending its last top-tier rating status.