>> before we get to the inflation, one of the man dates for the federal reserve is job creation. how does -- how do you interpret what they've done on jobs with what they may have been able to do or should be doing? >> well, keep in mind i'm going to back door this a little bit. keep in mind when you're dealing with the recovery from a credit crisis, the work of ryan heart and row govgs the work of a number of economists showed us, you can expect subpar recovery, weak gdp, poor job creation. that said, the fed has done what they can taking rates down to quite frankly absurdly low laechblsd by reduce the value of the dollar in theory that helps experts that helps the industrial sector and indeed the industrial sector is doing well but there are costs to that there are no free lunch and we pay for that in a variety of ways. >> mark, when we look at the spike in commodity price and political lie way in the something specifically like gas prices is and watch all the finger pointing to opec to wall