The Fed Needs to Be Aggressive on Demand Management

The two sides of the staglation argument you're making, i think, are only exasperated by reorganized globalization. I would add to that, of course, the zero coben and china, along with the repercussion of the war in ukraine. The supply side a well extended in terms of clogginga price discovery through the next several years. So that's why it's even more incumbent on the fed to be aggressive on demand managementto deal with this protracted congestion on the supply site.