bounty, the quicker picker upper. >>> we are back with historians jon meecham and niall ferguson.about the covid relief bill and $2 trillion and the infrastructure bill, another $2 trillion. i think it is fair to say that i were one of many very distinguished economists and scholars who argued that the last big stimulus bill, '09, '10 after the global financial crisis was likely to trigger the collapse of the dollar and those things didn't happen. why do you think -- if those scholars were wrong then, why do you think that people are right now to warn of the same runaway inflation caused by spending. >> i don't remember predicting runaway inflation. there was the question of monetary policy and quantitative easing and i was wrong about that and in pretty good company. this is a different debate that we're having right now and the question is straightforward, is the amount of fiscal stimulus given to the economy appropriate given the size of the problem. let me just quote from what many conservatives but from larry summers whereas the obama stimulus was half as large, the proposed