I agree with you. There are important supply elements to this shock, as well as demand elements. To effect that supply is constrained, it adds cost pressure that will counterbalance some of the downward pressure coming from lack of demand. We are seeing that in some parts of the economy, where we've seen increases in demand or particularly severe supply constraints.
However, certainly from what we've seen so far and that we expect to continue, we think the disinflationary aspects outweigh those cost-push elements, so we think the net effect is negative.