So Trump won't agree to a straightforward infrastructure spending bill where the US govt pays to have bridges rebuilt, transport links upgraded and repaired and so forth because he wants a bill that enables privatisation of infrastructure and private-public partnerships that profit the 1%.



Instead it seems that the solution is to be the FED using helicopter money to pay for infrastructure spending or a basic income supplement.



This is really an acknowledgement that the US is too corrupt or incompetent to govern.



In Europe the ECB is supposed to pay for the same sort of spending because the Germans won't let any of the EU govts spend what needs to be spent to get their countries out of the economic doldrums. This is a sad outcome for the great neo-liberal project of the Eurozone.



What was intended to be a way to stop EU govts from spending money on the needs of their citizens and thereby reducing taxes on the 1% is on the verge of creating a giant big brother spending machine beholden only to the 1% bureaucrat power elite.



Who will decide how the money is spent? If it is the Germans then there won't be any money spent and the EU will finally implode under the forces building in the outside world.



Trump is like the tool of destiny. Next on the block - currency manipulation, that means the EU keeping the value of the Euro down by repressing aggregate demand which it looks like the Americans are going to call time on.