 Vernon Smith received the 2002 Nobel Memorial Prize in Economic Sciences for his pioneering work in experimental economics. Joe Biden decided to write $600 checks per month for all kinds of people who were sitting at home and not producing any goods because of COVID. Well, that's not, you can't stimulate, they call it stimulus, there's nothing to stimulate. It would be like during the Second World War having a stimulus, well, you didn't need it, you needed the reverse, and so you know that's going to be inflationary, and of course the Fed fully accommodated that. Whatever of that debt wouldn't be held by private citizens, they bought enough from existing private citizens that they were willing to buy the new debt, you know, the Federal Reserve not supposed to buy it directly, but it's the same.