Is the Absolute Level of Liquidity Helpful?

Don't think about o growths at three %. That sounds low, but it's, it's coming off of one percent. So it's actually, that's reflation. You want to buy assets. But i, i think there's a difference between going from five point five to four%. I think seven point five % is still really high. And a 30 year at three % doesn't sound that cheap to me,. When when inflation is at seven point 5 %. Do you think looking at the absolute levels of, oh, inflation is here, bons are here? Do you think that thatn is helpful, or actually can be confusing, once we control for this idea

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