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They were spending like crazy in the month, buying stuff, and what they're buying is starting to change a little bit, but the airlines say they're expecting to see what could be record travel maybe this year and next year, but we want to complain about this because what we've been through over the past couple of years. i will say there is so much going on and i'm not the first person to say it's like chaos to try to find the thread through some of these economic figures every week because there's just so many cross currents that are so -- in my career i don't remember so many different things ...

Countries with higher rates than united states, including russia, all-time champion is turkey for a bunch of reasons, given the united states is biggest economy, how much inflation is it exporting? >> they were also hit by global pandemic that hit the supply chains and made it difficult for goods to be delivered to local shelf. in the united states also had expansionary fiscal and monetary policy. spent a lot of money to households so they could continue buying stuff and buy did they want to continue buying stuff. that's part of the reason why we have had higher inflation here than the elevate...

And we can learn from them. >> and you're happy to have so many new people in the school? >> yes. it's different. it's a lot busier. people have new friends now. it's very nice. i like it. >> it's just so lovely. despite language barrier, to see students engaging, learning, happy and laughing. and adjusting. a huge success and just totally because of the whole community. >> across ireland, ukrainian refugees have been placed in hotels and emergency accommodation and granted the right to work. despite stretched resources, many local communities are happy to have them. >> it's a lovely thing hap...

Also in supply terms of human capital and labor, that's a problem on one end. on the other end, this huge demand. there is a view that people are getting on airplanes and doing stuff and there is a little bit of yolo in all of this. everybody is out there buying things and buying stuff. that's good news in some way of the economy but creates a conundrum because what it means is higher prices. >> right. do you think though we hit the peak of inflation or do we have more months of high inflation rates? >> look, i think we are going to see high inflation. is it going to get higher than where we a...

All sorts of things. that's the one thing that the federal reserve has in its power to basically to stop us from buying stuff. >> it is a proverse idea that the government is trying to reduce demand. you had your segment of what's happening the texas in terms of trucks coming through and what it means. that's the flip side of it. stuff like that is increing prices at the same time that some other prices are coming down. >> andrew sorkin, we got to go. i want to thank you for coming back on our sunday show. >> i love spending time with you. >> i will have you back. after the break, planned pa...