Articles by Jeff Cox
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Ray Dalio Says the Coming of Modern Monetary Theory Favored by Far Left Is ‘Inevitable’
Jeff Cox - CNBC,
2 Mar 2020
• Bridgewater Associates founder Ray Dalio says the coming of Modern Monetary Theory is “inevitable” to address wealth disparity in the U.S.
• The idea is backed by presidential candidate Bernie Sanders and Rep. Alexandria Ocasio-Cortez.
• Critics say using zero interest rates to finance big government spending could lead to hyperinflation.