Markets

Jeff Gundlach questioned the point of taxes if ‘endless’ central bank borrowing is a ‘viable solution,’ in a stinging attack on the Fed

Billionaire bond investor Jeff Gundlach on Monday night criticised the Federal Reserve’s announcement that it will borrow nearly $US3 trillion in the next quarter, questioning the purpose of taxation if “endless” borrowing is viable. “If endless borrowing is a viable solution, why did we have any taxation in the first […]
Jeff Gundlach questioned the point of taxes if ‘endless’ central bank borrowing is a ‘viable solution,’ in a stinging attack on the Fed