i come as you know, was director general of cbi, that is, if anything. — director general of cbi, thatthe basis of facts _ to do, hopefully, on the basis of facts and — to do, hopefully, on the basis of facts and research, but nevertheless, that is what it's meant — nevertheless, that is what it's meant to— nevertheless, that is what it's meant to do, and if you look at unions, — meant to do, and if you look at unions, trade unions, you wouldn't believe _ unions, trade unions, you wouldn't believe it. — unions, trade unions, you wouldn't believe it, lobbying has always gone on. i believe it, lobbying has always gone on ithink— believe it, lobbying has always gone on. i think the problem believe it, lobbying has always gone on. ithink the problem is believe it, lobbying has always gone on. i think the problem is when you do one _ on. i think the problem is when you do one or— on. i think the problem is when you do one or two things, you either get people _ do one or two things, you either get people apparently getting special treatment as opposed to that treatment as opposed to that tre

you are saying the cbi index should be higher but it is not because of how it's calculated. >> it isust the index and it is important for your viewers in the world to know that the u.s. cbi is not the only way to measure inflation and they are going to do the best they can, but there are a lot of things that are not in this and investors need to be aware of other measures of inflation expectations as well. >> tell us about your inflation expectations. it's no surprise coming through from the fed but when do we start to get this thought of talk about to bring? >> they are not -- tapering is not on the table at the moment. they have been pretty clear that they are also going to keep policy rates low for longer. but the rates market does not believe them and that is because the rates market has started to price hikes. they are about eight -- there are about eight basis points being priced in this year and almost a hike in 2022 and 2023, 63 basis points approximately. the question is, with the combination of fiscal spending and the combination of a very dovish fed and continued asset per

the cbi, we have a base effect and higher oil prices going through retail. we all know the economy is reopening. if, following the reopening, there is continued strength in aggregate demand, which i expect based on all the stimulus, we have never seen anything like it. businesses will have the flexibility to raise product prices which we are beginning to see. inflation is going to rise modestly. i think there is no question at all. i listened to your opening remarks. i think too many people, including the fed, are looking back to post-financial crisis and saying we will have the same pattern this time. if you look at monetary policy, fiscal policy, the consumer, banking, or any other industry, it is opposite of what happened post-financial crisis. i think the fed is overly saying that inflation is going to stay at 2%. there is no question it is going to rise. as we speak, we see businesses experiencing higher operating costs. and they are announcing product price increases to maintain margins. it is an obvious trend. tom: -- jonathan: you have a policymaking

would happen earlier. >> reporter: and then, just minutes before travis's release, a call from the cbi >> yes. >> reporter: the man who attacked lydia tillman was, the dna confirmed, travis forbes. >> it was the biggest adrenaline dump ever. and of course i called detective gurule in tears. we did it. he's charged. he's in jail. he's not getting out. >> i was relieved that now he's going to be in jail and he won't be able to hurt nobody. now we know where he's at, so i don't have to be searching for him. >> reporter: word of travis's arrest also traveled quickly to kenia monge's family. >> i was shocked. i knew that he would eventually hang himself. but i didn't think he'd go out and try to murder again this soon. and i was shocked. we were shocked. >> yeah. >> reporter: but they still didn't know what happened to kenia. quickly, the lee family called a news conference and delivered a message to travis forbes. >> anybody's going to relay any messages to him, tell him, or if you guys talk to him, tell him we've got just one question. where is kenia? that's it. >> reporter: but travis wa

we found an image of two men, two soldiers, a boy and a wang who were being sworn in as citizens in cbi, in the china burma indian theater. finding that image was phenomenal. then finding the highest ranking service personnel who was a commissioned officer was a major amaretto yank finding his photograph in the national archives validated our research, and it was those little negatives that kept us going because trust me, it didn't come all at once. we have to continue to search and continue to search. it was painstaking but really rewarding. that's why getting this book published was huge. huge. >> so satisfying at the end of a long journey. part of this challenge must have been that china's americans rather than african americans didn't serve, so they really were in every branch of the service. >> yes they were. once they started this project, our advisor out of massachusetts, doctor juan had said to us there were only 12,000 chinese americans who served. we are scratching our heads going that's a pretty low number. we will take your word for, it as we searched more the numbers kept g

. >> well then, grab yourself a bag of cbi is 100% pxas gunpowder from shotgun shells confiscated by the state fish and game commission. [ laughter ] there it is! >> jimmy: yeah. oh, wow. >> god -- good -- that's good-tasting! [ laughter ] >> jimmy: did you just drink hot gunpowder? >> hell yes, i did, and i feel like i could chew through a chainlink fence! [ laughter ] haven't done that since the first time i escaped rehab back in '06. i guess that's another story for another time. >> jimmy: okay, yeah, yeah. all right. well. i'd say -- okay. hey -- >> you want to see some more? >> jimmy: yes, i would love to see more. >> okay. i'm starting to like you, kimmel! you've got -- you've got -- >> jimmy: hey, are you eating packing peanuts right now? >> i sure as hell am, jimmy. >> jimmy: are those even edible? >> jimmy: i don't know but they've got vitamin "p" for plastic. >> jimmy: okay, you're going to show us something? >> let's get back on track. it fomdelofensas owas! w, but if you're lying in bed and an intruder climbs on top of you and tries to put his braunschweiger in your b-hol