U.S Treasury Secretary Steve Mnuchin explains Donald Trumps COVID-19 stimulus spending for Americans – March 22, 2020,

In an effort not do what Obama did which was to give money to all the rich corporations, current President Donald Trump appears hell-bent on stimulating Mainstreet, by basically helping small businesses with employees to make their payroll and not lay off workers.

For me, what I think should happen is deflation, meaning consumer prices and costs of doing business, in general, should and would decrease when this COVID-19 virus is contained. However, the current President thinks otherwise and wants to throw money at the problem, apparently, Helicopter Ben Bernanke wasn’t as wrong as some people including myself thought.

I understand this move by the U.S President if during his second term in office he renegotiations or refinances the debt. Because everything being done right now, has a serious price tag on the other end. By the way, this is why Andrew Yangs $1000 a month is a horrible idea, because, during disasters, this $1000 per person is needed, had everyone in America been entitled to $1000 already, during a crisis like this one there would be no money left! Even Bernie Sanders appears not to comprehend what’s happening right now, but this is the modern-day world we’re living in, the assumption that print money doesn’t come with price “smh”. You can learn more about the Trump COVID-19 stimulus package by watching the video below.

Interesting times ahead!