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Ray Dalio — It’s Time to Look More Carefully at “Monetary Policy 3 (MP3)” and “Modern Monetary Theory (MMT)”

Summary:
This is the breakthrough point for MMT. When Ray Dalio says something is going to happen, it is. So you probably want to read this in full.LinkedInIt’s Time to Look More Carefully at “Monetary Policy 3 (MP3)” and “Modern Monetary Theory (MMT)” Ray Dalio | Co-Chief Investment Officer and Co-Chairman, Bridgewater See also Capitalism is no longer working for most Americans, according to one hedge-fund billionaire, who says the expanding wealth gap dividing the haves and have-nots is creating a volatile environment with disturbing parallels to the economic and social upheaval of the 1930s.  Ray Dalio, founder of Bridgewater Associates LP, the world’s biggest hedge fund, says capitalism has developed into a system that is promoting an ever-wider wealth gap that puts the very existence

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This is the breakthrough point for MMT. When Ray Dalio says something is going to happen, it is. So you probably want to read this in full.

LinkedIn
It’s Time to Look More Carefully at “Monetary Policy 3 (MP3)” and “Modern Monetary Theory (MMT)”

Ray Dalio | Co-Chief Investment Officer and Co-Chairman, Bridgewater

See also
Capitalism is no longer working for most Americans, according to one hedge-fund billionaire, who says the expanding wealth gap dividing the haves and have-nots is creating a volatile environment with disturbing parallels to the economic and social upheaval of the 1930s. 
Ray Dalio, founder of Bridgewater Associates LP, the world’s biggest hedge fund, says capitalism has developed into a system that is promoting an ever-wider wealth gap that puts the very existence of the United States at risk. In a two-part series published on LinkedIn, the noted investor argues that capitalism is now in need of reform — and offered ways to accomplish it:
MarketWatch
Hedge-fund billionaire Ray Dalio says capitalism needs urgent reform
Ciara Linnane | Corporate News Editor

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CNBC
Ray Dalio, the hedge fund manager decrying wealth inequality, made $2 billion last year

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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