chinese cities as well. the manufacturers i spoke with are worried that if these lockdowns become more widespread, we could see more product shortages from a very key manufacturing place leading to possibly some inflationary pressures on the u.s. economy as well. >> none of which sounds very good, steve liesman, so how do we get to the other side of this? obviously china is going to do what china is going to do in terms of imposing restrictions b but how much of this could be positively impacted by the moves that the biden administration takes? >> i think there's limited possibilities for the biden administration to solve this problem. look, what determines prices are the goods on the shelf, the goods back in the warehouse and the goodsed on the way from the manufacturer. all three of those things are challenged right now. so until we build up inventories in the warehouse or from the manufacturer we are going to have some trouble with prices. it's the reason why the fed has pivoted, the federal reserve has