For every dollar Dalio gives to micro-finance, $12 is lent out to people in the first five years.
Own records only Only the person's or their organisation's own records speak to it, so it is not scored.
Factual: Statements about the present or the past, checked against the record: did they hold up?
Reasoning
The micro-finance lending multiplier on Dalio's donations is known only to the charity's own records.
Cite this claim
Ray Dalio, “For every dollar Dalio gives to micro-finance, $12 is lent out to people in the first five years.” (said 11 November 2018). Verdict: own records only. Reliability API, claim c_138b3bbced3c, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_138b3bbced3c
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Ray Dalio
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Mostly false
“That has been true through all history.”
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Mostly true
“So when we look at history, we see that in all such periods, all the fiat currencies go down, okay?”
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Mostly true
“It takes in about $5 trillion, so it spends 40% more than it takes in.”
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Mostly true
“you could still have financial problems, like the breakdown of the monetary system in 1971, okay?”
The monetary system broke down in 1971 while the United States was still a dominant power.
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Resolved true
“one-third of our debt is held by foreigners, so that’s a different thing.”
Verdicts are made automatically; how verdicts are made.