this is like the 70s on -- on steroids. this is a very complex macro economic problem and they have no clue how to connect the dots we just did here on judge jeanine. judge jeanine: with respect to inflation, more and more people are recognizing as things go up, they not only are able to buy less, but it's not stagnant, it's not temporary. it's going to increase. do you believe that? >> the numbers we are seeing today are lagging. whatever you see today, it's going to be much worse over the coming year. we'll look -- remember the misery index in the 70s? reagan ran against carter. the unemployment rate, the -- te