Listen Up! Dollar Pares Losses On Mnuchin FT Ramble
Boom!
Actually no. "Boom-let" is better.
While hardly as consequential as last week's Trump WSJ interview in which the President did his best Erdogan impression by telling us all how, despite saying that Janet Yellen "should be ashamed of herself" for keeping rates too low last September, the White House is now squarely on board with something close to ZIRP, Treasury Secretary Steve Mnuchin is out in FT with a whole lot of "notable quotables" - so to speak.
Here's the bullet point summary vi
Is the USA headed north 40 trillion ?
More for the pigs at the trough (remember who benefits, hint:It’s not you). Yep, those poor people sure have a sweet deal, “let’s take some more of that food stamp money and that Meals on Wheels thing”, we need another MOAB and some Tomahawks”.