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Dalio Says Something Like MMT Is Coming, Whether We Like It Or Not

  • Billionaire sees low-rates world with fiscal policy dominant
  • Already happening, he says, and more radical steps will follow
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Ray Dalio Sees an Inevitable Shift to MMT
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Central banking as we know it is on the way out, and it’s “inevitable” that something like modern monetary theory will replace it, billionaire investor Ray Dalio said.