The MacroTourist

The MacroTourist

WE ALL MMT'ERS NOW

The world's attitude about debt and economics shifted this week

Kevin Muir's avatar
Kevin Muir
Mar 18, 2020
∙ Paid

Over the past few days, I have sensed a dramatic change in attitude among governments. Over the weekend, Trump sent Mnuchin off to create a fiscal coronavirus rescue package. Mnuchin came back with a $850 billion proposal. Instead of rubber stamping the plan, Trump shot back - “why not make it a trillion?” Realizing which direction the wind was blow…

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