New Delhi, July 23 -- Billionaire investor and founder of Bridgewater Associates, Ray Dalio, has chipped in on the very public feud between United States President Donald Trump and Federal Reserve Chairman Jerome Powell.

In a post on social media platform X (formerly Twitter), titled 'Defending the Value of Money', Ray Dalio outlined his belief that the bone of contention between Donald Trump and Jerome Powell comes down to differences in philosophy over the value of money.

In his detailed article on X, Ray Dalio stated, "The argument between Donald Trump and Jerome Powell is about the value of money."

On the key point of contention, he explained, ". When there is too much debt and borrowing, the classic way of dealing with it is to pu...