Are You Not Signing That Letter?

Jeremy Ben-Ghiat: We've heard right after 0809, we were going to see an uptick in inflation because of all the actions of the Fed. He says when they flooded the system with cash, the banks basically took this money, put it on their savings account, didn't lend it and didn't spend it. They just kept it there for safety reasons; that's why you're saying we never saw that uptick in inflation. What I see today is it's lent out. In fact, the PPP program is go to the bank and get your loan and put it in your account. You know, the government's cutting checks, giving people money, putting in your