WE ALL MMT'ERS NOW

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

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…