Gundlach Calls MMT ‘Complete Nonsense,’ Joining Naysayer Chorus
- MMT argument being used to justify socialist program, he says
- Says college bribery scandal may tarnish people in finance
This article is for subscribers only.
Add Jeffrey Gundlach to the list of critics of modern monetary theory.
MMT is “complete nonsense” that’s being used to justify a “massive socialist program,” Gundlach, the co-founder of DoubleLine Capital, said on a webcast Tuesday.