It's worse than that. This is the the first infractructure bill. Search info on the THRIVE ACT. It will be phase 2 and is estimated to cost $10 Trillion. That alone could destroy the USD.

[thehill.com].

In a sign of the battle to come, progressive lawmakers will soon unveil the THRIVE Act, which would provide $10 trillion for a federal green infrastructure plan that counters Biden’s infrastructure plan.

Here is the article, initially it mentions the current infrastructure plan at around $3 Trillion, half way down the page it mentions the THRIVE ACT, projected to cost $10 Trillion.
[theepochtimes.com]

Thank you @wolfhnd for your post below.
I learned a lot from that and was a new perspective for me.
I did not reply to your comment directly as it got polluted by the local socialist.

Money is not a commodity. When it was tied to gold it was treated as a commodity contributing to the 1929 depression.

It's tempting to think of the money supply as representative of the total of commodities being exchanged actively. The problem is that similarly to money commodities in a modern economy are abstract. What that means is not only is the value of commodities such as gold abstract but most of the economy is only indirectly commodity based. By extension the rules of supply and demand break down to some degree. Digital commodities for example can be nearly infinitely reproduced at little cost. There value is established not by supply but control over supply. That will increasingly become the case for all commodities other than natural resources as production is automated. Working with 18th century economic theory may lead to the wrong conclusions in the 21st century

Contrary to conventional wisdom the experience of the last decade shows there is no direct link between money supply and inflation. As long as the increase in money doesn't end up in the pockets of consumers inflationary pressure is minimal. If everyone was to liquidate their abstract assets and try to convert them to consumables that would cause massive inflation. That is basically what caused the 1929 depression. Only because the money supply was artificially restricted there was a deflationary cycle. It's why monetary controlers have been willing to lower interest rates to zero during recessions.

This theory of abstract value has a downside as seen in the Subprime crisis. While most of the blame has been placed on bad loaning policies the actual culprit was as much the derivative markets. The bankster ponzi scheme. Capitalism runs on morality. The idea of hierarchies of competence. Here the concept of competency extends to the abstract nature of markets. Clearly the derivative markets were incompetent morally. Society was morally incompetent by taking advantage of loans they could not hope to pay back because of a morally corrupt socialist administration. A perfect storm if you like where people wished to profit without added value.

The finally thing to consider is how diversity of value has ballooned as markets have become more abstract as both actual and abstract wealth has expanded. Depressions in some areas of the market place do not seem to have as serious an affect on other areas as was once the case.

None of the above means we are not headed for another great depression it just means that the old rules for predictions are less reliable.

The problem is that the only thing that's inflated are the assets of the global ruling class, including y'all's hero Trump. Despite subtle ideological differences that have no real material basis, they're united and they're too big to fail. If they're truly afraid, the only solution is for them to pay a wealth tax.

This isn't something that we can fix democratically, because they have local governments in a stranglehold due to their dependence on property taxes. Ironically, releasing them would require more federal spending--but spending that actually went toward public goods and local governments--not just financialized real estate and what not.

Well stock market is over priced. Houses are over priced. Covid destroying economy. I am surprised it hasn't happened yet. Must not be the right time yet

ThE sKy Is FaLlInG! ReAlLy ThIs TiMe!

yep