it spills over in demand for goods, for exports in other countries and to our near neighbor mexico which went through this crisis, very little government help in mexico with a large flow to the south. so this action, which was a little surprising in the u.s., but nevertheless it did do the job of supporting those that needed that help. >> and you studied the last recession. one thing we have learned is that the government through the federal reserves and central banks around the world know how to keep money flows for businesses. and for those that believe that will trickle down, that's pretty good. this was different. the idea that you could actually give money -- by the way, we argued a lot about giving money to regular people for what some people thought was no good reason. but when you do that, you actually lift lots and lots of people out of poverty. they pay taxes. there are more jobs created and it is actually quite virtuous.