Man Does Live by Bread

Michael strain, welcome back to the remnant. It's wonderful to be back. Man does live by bread alone. That should be our theme a. So there'sh the fed is going to do things to morrow. They're going to open up some oxen and decide what the interest rate should be. What's going on? I think that there has been a kind of growing, a convergence between the feds view of economy and of the future path of economy. And so people to as recently as a year ago, we're still talking about inflation as if it were a transitory phenomenon. We know we don't have a situation where inflation is intrenched in the economy.