Is the Supply Chain Exasperated?

I make the argument that you don't need the central banks to really print all that much more. The printing's already taken place. It's just been jammed, packed into into the fixed income market. That's why you saw yields get to zero. They went negative, and to the tune of like a andand these are nominal terms. This is not in the real terms. But everything got so compressed into the fixed Income. So as the supply as you've distorted the ruler so much, that's why you start to see supply changs break down,. And then it starts to turn into what we're seeing right now, which is countries taking up arms because they're so upset with