Sure. I think I heard an echo, but I think that's stopped.
Mr. Chair, I certainly don't think that our inflation problem now is driven by transitory factors. I think when you look at the reality of it.... In fact, Mr. Robson mentioned correctly that some three quarters or more of the basket in the CPI has gone up in price. That isn't just because of the war on Ukraine, or oil or supply disruptions from the pandemic. My back of the envelope calculation would be that maybe 1 percentage point of our current 5.7% inflation rate is caused by factors that may disappear, but when the money supply is growing at 14% to 20%, it is basically a monetary phenomenon. We're just printing too much money, so I'd say no, it's not transitory.