We definitely need a Great Reset.

The US government has been ascribing to MMT, but calling it quantitative easing. Unfortunately, the US spends the money it creates bailing out businesses rather than investing in public goods and services. If the government spent money on public goods (not bailing out businesses) the money shouldn't be viewed as debt, but as an investment. Sadly, we don't have a government for the people.

Japan, the US, the UK, Australia, Canada, and many other nations can and have been creating money because they own their currency. Check out Japan's debt if you haven't already. It's pretty insane, and it defies the economic theories we have prescribed to. The US has only had something like 13 surpluses in 80 years. The country has always been in debt, but we've never suffered from it. We suffer with austerity.