Skip to content
Subscriber Only
Markets
Economics

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
Video player cover image
Ray Dalio Sees an Inevitable Shift to MMT
By

Updated on

Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.

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.