Is MMT a Good Idea?

The financial sector in the United States, let's face it, has become dysfunctional. So somehow the financial system has to be restructured so it can cope with a coronavirus trauma or act of God like we're having now. And I think the only way to do it would be China has shown the most successful way of doing it. There's hardly any interruption of activity there. There's a very quick recovery. It's because of the way that China has structured its financial sector under public direction.