and michael fehr remembers 1982, he's the chief market strategist for high tower advisers and founder of farm, miller, washington, a cnbc contributor gentlemen it is good to be with two guys who just like me remember 1982. that was the volker era. interest rates didn't just go up they went stratospheric. ron, you don't see that happening this time around, do you? >> no, tyler, i don't. i happened to be in college in 1982 i was eating at tago bell for 1 there a day. i isn't notice inflation except for the gas prices we had in southern california at the time. you see the rates on the ten-year have come down. stock market seems unperturbed by this. if you back out and take a longer term view of inflationary cycles -- we have talked about this now a couple of months, what a post car or in this case post pandemic cycle might look like, inflation is spiking on supply disruption, as we have discussed ad nauseam for the last several months. i think that's going to normalize a lot in 2022. i think the fed can taper all they want. i think they are going to find they don't need to raise interest