How John Maynard Keynes would’ve approached idea of using frozen Russian assets to fund the war in Ukraine

Treasury Secretary Janet Yellen on Tuesday gave her strongest endorsement yet of the idea of using frozen Russian assets to fund the war in Ukraine. But at a press conference from Sao Paulo, Brazil, ahead of the Group of 20 finance minister meeting, she did mention there’s an alternative idea: using those frozen Russian assets as collateral for borrowing.It’s an idea pushed by Belgium. And, according to RSM chief economist Joe Brusuelas, it would be the alternative that renowned econ