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and if the data continues to come in hot when it comes to inflation, i think that will pump the fed to do more in terms of withdrawing policy and trying to slow the economy. i think patience is warranted in several respects. people were given an awful lot of money from the stimulus and that won t last forever. people s savings went way up and they re beginning to draw them down somewhat. the second thing is i think some of the supply bottle necks over time should work their way out. that s the second aspect of this. and i think the third aspect is the best solution for high prices is high prices. that s the economic theory. i say that understanding that means there s pain in individual families. but when people start to balk and not pay the high priegss, the prices will come down over time. the three solutions essentially do argue for some form of patience. steve liesman who s been
to change? no, i think it doesn t, actually- i to change? no, i think it doesn t, actually- i am to change? no, i think it doesn t, actually. i am going to change? no, i think it doesn t, actually. i am going to to change? no, i think it doesn t, actually. i am going to say - to change? no, i think it doesn t, actually. i am going to say the . to change? no, i think it doesn t, i actually. i am going to say the very opposite. what has happened is there has been a remarkable unity. not only sanctions, but the european court of human right, the international criminal court, possibly a court in ukraine, all of that comes into play for what follows when the conflict will be over. this war won t be over, it won t last forever, it will come to an end, they will be a big issue about the territorial integrity of ukraine and all these later initiatives preserve the rights of ukraine, to be free, to be integral and forjustice. so, i m not saying it is going to change things overnight butj
Colin Morton
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