from the Abraham Lincoln radio studio at the George Washington Broadcast

Center.

The Armstrong and Joe Gatti.

The Armstrong and Gatti show.

I do expect in the months ahead that the pace of inflation is likely to come down.

Although remember there are so many uncertainties relating to global developments and to address

to punish Russia for what it's doing in Ukraine and there is some spillovers to us as well.

So what's going on with that Michael?

I want to hear Larry Summers.

So that was Janet Yellen talking about whatever.

I don't even listen to those people.

I don't know why they do interviews.

I don't know why anybody pays me attention.

I didn't want to play that.

It was an accident.

I don't even hear Larry Summers because he's not partly currently part of the government.

What does he have to say about it?

What you need to do to reduce inflation is reduce demand and that is a very hard process to control.

And so it usually leads to recession.

The dominant probability would be that by the end of next year we would be seeing a recession in the American economy.

Yeah, there's a decent percentage of business people say we're already in an recession and the next quarter will prove that.

Which by the way if you can't tell you're in it or not should take away a little of a whole...

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