suggesting president biden's big spending agenda is the last thing america needs. friday money team steve moore, austan goolsbee. it is terrific to see you again. happy friday to both of you. austan, haven't seen this number on inflation since 1982. haven't seen this number since joe montana beat the cincinnati bengals in the super bowl. >> it's all about the bengals. what will do as a people and government? you begin. >> well, the first thing that anyone has to do is start with the feds. i know steve has been saying he wanted the fed to raise rates before. it seems like we're definitely on path to move back to something like normal. we had a blockbuster jobs number for 2021 and we had a highest inflation in 40 years.