Ray Dalio, founder of Bridgewater Associates, has issued a warning that the Federal Reserve's policies are contributing to the inflation of a late-stage economic bubble. Dalio suggests that the current economic environment, characterized by high asset prices and significant debt levels, is unsustainable. He cautions that the Fed's continued monetary easing could exacerbate these conditions, potentially leading to a market correction. Dalio's comments come amid ongoing debates about the impact of the Fed's interest rate policies and quantitative easing measures. As the economy grapples with inflationary pressures, Dalio's perspective adds to the discourse on the potential risks of current monetary strategies and their long-term implications for financial markets.