Business Insider: The world's biggest hedge fund thinks that the next radical change in central-bank policy is almost upon us.
Bridgewater Associates sent a note to clients on Wednesday written by Greg Jensen, Jason Rotenberg, and Jeff Amato. Jensen is Bridgewater's co-CIO and former co-CEO.
The note said that central-bank policies up until now — such as dropping interest rates and quantitative easing — haven't boosted economies enough. Policy makers need to try something radical: putting money directly into consumers' hands.
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