he is at the dakota county technical college in rosemount, minnesota.e is expected to deliver remarks. if you are still with us, we will keep an eye here on president biden. i am curious if you could talk about supply chain issues and how that factors into the inflation picture and whether there needs to be a reaction to that. >> one of the things we are seeing is that people are out there buying goods at a very high rate. as opposed to services. we have been cooped up with the pandemic for so long and we want new cars and couches. we want new stuff. we are still hesitant to go to restaurants and shows and do things in person. the inflation is coming from that real surge in demand to buy stuff at the same time that countries around the world are having a hard time. romaine: the big debate is that a lot of people when they say this is transitory or temporary, or whatever phrase you want to use, they point to this surge. the idea that there is pent up demand, and that can't last. we can only buy so many cars, at some point this comes down to a sustainable