freeman, assistant editor for "the wall street journal" editorial page. james, let's take a look at the numbers year on year. so we've got overall 7.9%. gas is up 38%, electricity 9%. used cars and trucks, 41%. is that all part of the putin price hikes? >> well, the inflation is a manmade creation, but it's created in washington. the federal reserve has created trillions of dollars in money, a couple of trillion even since the economy started rebounding in the summer of 2020. as noted earlier, the stimulus plan last year, the covid-related plan ended up juicing gland. a -- demand. a lot of policies discouraging supply, and that's how you get too many dollars chasing too few if goods, that's inflation. gillian: so, you know, the white house has been making this claim reeatedly that, you know, standing -- repeatedly that standing up for our values,