The Key Takeaway From the Pandemic

The key takeaway is that we're not headed for runaway inflationw if you think about, kind of looking towards the bottom of this table. The tnary mean of c p i, using headline c p i,. as kond of o, it was only one point eight % in the prior decade. Now we delta adjust the factors and waight them relative to their impact with respect to predicting inflation. We've jumped conditioned in inflation, but we have not jumped condition in inflation from a secular perspective.