david winter. joe, start with you. i chucked to see janet yellen. she's been pratt for inflation, right? >> she has, she's been saying that she has. she'll probably get it because my guess is president-elect trump is going to give us a lot of stimulus next year. and the fed could find itself in a tricky spot in late 1718. the economy does as well as i think, they'll be behind the curve. i've been very negative for a while and i really changed my view. >> as a result of the election perhaps? >> purely. absolutely. >> what do you think about this talk when it comes to being worried now about inflation for the first time and what it feels like forever. >> there's still a lot of capacity. as steve notes, to get yut. >> allison:ed, so how soon he get inflation, we need higher rates. and -- >> on that point, all this talk about deficits and deficit spending. at some point, doesn't the bond market take care of that for you, when interest rates start to rise just like they did to bill clinton when he wanted to do single payer, they said, whoa, wait a minute, you want to boar rrow that much money