Are You Expecting Government Deleveraging?

Inflation was running in double digits for a while in the late 19 forties. And what that allowed to do, is it allowed the government to drastically de leverage from 19 forty five to 19 52. We have two point three trillion dollars of excess savings that consumers are sitting on. So i do thinkthat we're going to have a year to two of very good economic growth, but with a lot of inflation.