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Charlie Gasperino, how are you?

Hey, do, Mark.

Good.

Disinflation report. Yeah yeah i can hear you but uh this inflation report

the inflation report looks devastating because it seems to have rippled out into every sector

how bad is this well it's pretty bad and you know we don't know if we're at peak inflation or not and just meaning that it's peaking it's it's pretty bad. And, you know, we don't know if we're at peak inflation or not,

and meaning that it's peaking, it's not going to get much higher.

But even if, let's just say, it went down to an 8.1%, that's still horrendous, right?

I mean, we're in a real pickle right now.

And based on what the White House is saying is there's no fiscal policy

that could really change this. You know, they're not going to reduce regulations. I mean,

this is a supply side problem, right? There's not enough supply to meet demand. They're not

going to reduce regulations. They're not going to do stuff that would encourage businesses

to hire more and produce more. It's just, you know, the left won't allow Biden to do that,

and he's captive of the left in his debilitated, you know, state that he's in right now.

So then all you have left is monetary policy. And that's a sledgehammer.

I mean, that's literally causing a recession.

And they're doing that by higher interest rates.

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