a would depend a lot on exactly how that happened if increase for example were to leave the year rosellen but the stresses were contained there than the effect would likely be fairly moderate. if the financial stresses were to spread more broadly, then that would create a lot of volatility in our own financial markets would put stress on our financial institutions and probably reduce lending and debt at a minimum would tend to slow the economy, but again, i don't think deflation is the main concern. i think the main concern is promoting adequate growth to continue to bring down unemployment over time. >> given the kind of state that we're looking at, the fragile world that we are looking at in the economic standpoint in particular the situation of europe as it is unfolding do you sleep well at night? do you sleep well at night? >> i generally sleep pretty well, yes but i have a lot to do during the day and i need to be well rested. [laughter] >> thank you mr. chairman. >> representative maloney. >> thank you mr. chairman and welcome, mr. bernanke. i would like to respectfully speak in opp