Hey, Ray Dalio, We’ve Got A Better Way To Stop Populism/Wealth Maldistribution: Abolish The FOMC & Prohibit Monetization Of The Public Debt

Instead, Dalio recommends treating the wealth and income gap as a national emergency, forming a bipartisan commission to re-engineer the economic system, pass laws to create more accountability in government and institute minimum standards for health care and education. Sounding a bit liker an MMTer (which we wouldn’t be surprised to learn is actually the case), Dalio also recommended more coordination between monetary and fiscal policy.