i want to bring in hilary kramer. great to see you. what you're implying destroys the credibility of the federal reserve f they, jay powell, suggested, hinted back, people pushed back on it how important the federal reserve is. >> it's political. jay powell wants to keep his job. i'll say it. as blatant as can be. what he is probably waiting for, as we get closer to elections -- charles: wouldn't it be transparent with inflation going in the wrong direction? i, to your point, couple of fomc meetings ago he talked about a surprise jobs report, he mentioned it a couple times. i think he was looking for that to be his cue. 4.1%, that would be his excuse. if he does this without any sort of real trigger, golly. >> i think we will see a trigger because the market, charles, it really has climbed too far too fast and money is expensive now and you and i know what happens when money gets expensive and those credit card bills are piling up and people start having to sell down on their stocks and, so much of the market has been propped up by the