Whereas after the financial crisis 2007, 2008, we lost 9 million jobs in that recession and it took almost seven years to get back. So it's amazing what fiscal policy, good fiscal policy can do. Yeah. And you know, unfortunately, During COVID we did have inflation, because there was global inflation coming out of it all at once. Then we had to deal with. But in MMT specifically, I think your biggest concern is that if we're going to do a big project around healthcare, that maybe we get that done and address climate change after that. (27:11–27:17)
CLAIM
Asserts that inflation during COVID was due to global factors.
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