"The U.S. Covid plan has so far cost 3.7 trillion dollars."
(...)
"The Marshall Plan back in 1946 dollars was 12 billion, which in today’s dollars makes it a 190 billion dollars. So, the Covid plan so far has been 46 times the Marshall Plan, to put things into perspective."
(…)
"Have we built anything that is going to boost productivity ahead ? No. All we've done is massive transfer payments. And we funded that frankly through MMT, through the Magic Monetary."