malarky, notice i used malarky, it's not working, and that's the point where people can't suspend spending because they're spending everything they get. when he they hit that inflection point they start to spend less and we know 1% less gdp if we stay below the next six months for sure. >> where do you see inflation? are you worried about it. >> i'm in gary's camp. we're seeing modest increases, but overall moderate still. if you look at producer price index, which is the wholesale goods and cost, it's very moderate and in some areas it's coming down and some areas, food has actually come down the past three months in a row on the wholesale side. if you see too much of a break and wholesale prices going down and retail going up, that's price gouging. >> that's the point i'm sorry to make, we're at the point where the pass throughs are starting to hit and gasoline and small business prices are going to have to start raising prices and they have to keep the margins and exactly the point i'm trying to make. thank you for making it better. >> on the gas, gary says you're not seeing it across t