576 - Coronavirus Update: What The Stimulus REALLY Means for The Global Economy with Jim McKelvey, the Deputy Chair of the St. Louis Federal Reserve

Published: April 20, 2020, 7 a.m.

b'Right now, the Federal Reserve is pumping trillions of dollars of stimulus into the economy. So what does this mean? How are small businesses doing? When will people go back to work? And how does this impact the economy? I called up Jim Mckelvey. He\'s the co-founder of the multi-billion dollar business, Square. AND, more importantly, he\\u2019s the Deputy Chair of the St. Louis Federal Reserve. He tells us how the stimulus works, what the risks are, what we should keep an eye on and more.\\n\\n\\nJim is also the author of the new book, "The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time." It\'s a great guide book for today\'s entrepreneurs.\\xa0\\n\\nI write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.\\n\\nThanks so much for listening! If you like this episode, please subscribe to \\u201cThe James Altucher Show\\u201d and rate and review wherever you get your podcasts:\\n\\n Apple Podcasts\\n\\n Stitcher\\n\\n iHeart Radio\\n\\nSpotify\\n\\n\\xa0\\n\\nFollow me on Social Media:\\n\\nYouTube\\n\\nTwitter\\n\\nFacebook\\n\\nLinkedin'