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My partner and I here, we were talking earlier in the show, and we talk all the time around the

office about this. Um, inflation. Yeah. Right. And just there is a natural progression of

inflation over time. The Fed, just a kind of a quick review here

because uh because jade's got a little something to share here today so teeing you up here because

everybody's heard about the Fed Jerome Powell unfortunately has become a name that everybody knows

and and to his credit the Fed is attempting sometimes Sometimes I agree with them. Sometimes I don't.

But they are always attempting to keep inflation in that two, two and a half percent range or so.

And when it gets above that, they start paying attention. And this is where we get the monetary

policy. And you all are paying attention to the headlines all the time. When you see, are they raising rates, are they dropping rates, and this is where we get the monetary policy, and you all are paying attention to the headlines all the time when you see, are they raising rates, are they dropping

rates, all this kind of stuff. So it's always an interesting tension between wages, are wages

going up? Are they outpacing the inflation? Are they outpacing inflation? Very hard for that

to happen over long term. So anyway, nonetheless, what do you got here?

You got a little something for us?

Well, I'm just trying to, I'm trying to make heads or tails of all of it, right?

Because it's like we knew in 2022 that inflation was going bananas.

Like we felt it, the numbers were there, the data supported what we were feeling was true.

But then we started to see inflation taper off and we saw wages start to jump ahead.

But yet we were still saying, oh, it's so expensive out there.

It's so crazy.

And so my thought was like, okay, what's really happening?

Because you know, you're a guy that's following employment. You're following those numbers. And I'm looking at this graph here that I saw that really

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