let's bring in jan kniffen 3,000 cashierless stores can even amazon pull that off?kely. >> it does seem unlikely, but if it's 2021 or 2025, cashierless or not, 3,000 stores >> just finding 3,000 locations and signing leases, all that is weighty, time consuming stuff. is it not. >> we had 4,500 shoe stores, we opened one every third day can it be done yes, it can. >> that's 100 a year roughly >> yes >> so 300 over three years can they work at ten times the pace you did >> i can't imagine you can open 3,000 in three years i can imagine you with open a lot. >> do people want cashierless stores >> everybody out there knows that most grocery stores have the self check out you see people go up, either they have weighted items, or the upc code is not scanning >> they just opened one in chicago in the last few days i'm sure there's a line out the door to go in and cashierless purchase stuff >> right now it's a novelty >> right all the ones they have opened have been the same way but it won't be that way with 3,000. cashierless works in grocery stores where you do the self c

just see a flatter curve rather than a big boost up in rates >> let me throw something at you that jan kniffen threw at me yesterday. he points out, because you're looking at 120,000 extra hands for the holidays that target is thinking about hiring, 80,000 for macy's, on and on, the retailers are hiring massive amounts of part-time workers for the holidays he's speculating that you will have a hard time paying them $10 or less to do that you'll probably have to pay more to do that retailers can do that now because, "a," they have a great consumer retail environment and a much better bottom line because of the tax cut is there a point where that sort of behavior spirals more into an inflationary environment >> it could. but we are just not seeing it. >> but you might >> you might see a bump. wholesale prices are flattening out as well. you just are not seeing those workers go out and chase goods if the old song is it's too much money chasing too few goods, i would argue there's not too few goods out there. >> bullard is not a voting member, but do they trot him out to show the other side when h