We are alive at the mil institute global conference 20 21, and among the many interesting conversations we've had to day includes one with David hunt. He talked about what he believes truly is the transitory nature of inflation,. arguing that we will see technological progress and demographic changes that bring down inflation. I'm wondering if you agree that inflation is transitory. And i know some in the more intrenched inflationary camp want people like the fellow you reference at pejim and perhaps myself, to wave the the white flag of surrender.

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