would move towards? you have the tools at your would move towards? you have the tools at your disposal - would move towards? you have the tools at your disposal but i the tools at your disposal but you can the tools at your disposal but you can only use them once and they you can only use them once and they become quite processing and gimmicky. you have had a reset and gimmicky. you have had a reset and and gimmicky. you have had a reset and people changing their deck reset and people changing their deck chairs at number 10 and new deck chairs at number 10 and new blood coming in and once you have new blood coming in and once you have done that and reshuffle that, once you have played reshuffle that, once you have played that card, you cannot play played that card, you cannot play it played that card, you cannot play it again for a while. if things play it again for a while. if things are still going wrong, what things are still going wrong, what you do next? it po
slouching toward reality but not yet convinced that it has to do all that much to get prices under control. do you agree with that assessment? s disagree with that. the fed just did the biggest move that they have done in decades. they are probably going to do another huge move again next month. they are moving very, very far, very quickly. a lot further and quickly than many of their critics were calling for. i think that they are catching up very, very quickly. i don t think that they are com place complacent. and a number of democrats both in congress and officials in the white house are point the finger talking about price
supply isn t high enough. and when that happens, prices rise. only way to solve it is more supply or less demand. you ve called some of these proposals from democrats against price gouging as a little bit, quote, gimmicky. and i wonder about your take for example on senator ron widen has said let s tax excess. first of all, i don t know what you determine how excess is. but i wonder if you actually think that that would make a meaningful difference or if that is missing the point here on the inflation point. look, at this point if you want to bring oil prices down, you need to increase oil supply. if you want to increase oil supply, you need to make it easier and more predictable for oil company, oil refiners, to build capacity in this country. don t think excess profits tax is the way to encourage, you