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Ray Dalio, founder of Bridgewater Associates, and MMT

Ray Dalio is the thoughtful, somewhat controversial founder of the world’s largest hedge fund, Bridgewater Associates, which he started in 1975. 

“Ray Dalio is really, really wrong.” In that essay he basically endorses Modern Monetary Theory (MMT). 

Coming from someone of Ray’s stature, and knowing that others like Bill Gross are beginning to endorse MMT either obliquely or directly, I found myself wanting to shout, “Stop! This is dangerous!”

John Mauldin 7 June 2019

Ray Dalio, founder of Bridgewater Associates, says that unconventional monetary policies may be required as traditional policy stumbles.

MarketWatch 2 May 2019

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