Deficit spending

Right? And tax revenue.

Now, you brought up the deficit.

Deficit's $40 trillion.

Okay?

But in 2016 to 2019, it went

Unless you address the underlying fundamental issues, this is putting a bandaid on the problem, right? So playing with the yield curve, intervening in the yen.

Unless you address the underlying problems, and what are the underlying problems? The U.S., Deficit is 6%, $40 trillion in debt.

And I had a discussion, I think it was one week or two weeks ago, and the person said to me, yeah, rates were higher in the past, right? And in 1981, US treasury yields were almost 14%.

But my rebuttal is, yes, the stock of the debt to GDP at the time was 31%.