fears the headline year over year cpi increase the largest since september 2008 joining us now, thomas peterffycan we just talk about where we are in your view after that number we just saw in terms of inflation? i know that if you live through that, how insidious inflation can be and how -- you know, watching bond -- the prime rate at 21.5, at the same time that we had high unemployment, the misery index that in today's terms is almost unfathomable when you think of where inflation plus unemployment was at the same time is there any way to be heading back there or much too early to say that. chairman and founder of interactive brokers, thomas peterffy. >> you're absolutely right we are going back there when we are looking at annualized inflation rates in the double digits so, you know, generally you're looking at a very difficult scenario. >> because we've been spoiled. we don't know what that does to -- it's not just equity, but just to financial assets in general and we've been on the flip side of a pretty favorable trend for how long, thomas the latest bond rally has gone back to that busin