Madam Chair, it is a pleasure to work with my friend across the way. We agree on many issues. We disagree on some as well. I would say, respectfully, that I think inflation is caused by a number of factors. We had a significant issue of inflation prior to the invasion of Ukraine. A significant part of that is the government's approach to spending. We have run up more debt in the past seven years than the country had previously.
I will certainly agree with her in saying that we need to have firm resolve. We need to be prepared to do what is necessary to impose sanctions that are debilitating to the Russian economy. We need to up energy production to displace Europe's dependence on energy. We need to supply the heavy artillery that is required and we need to endure through these circumstances, because so much of what we believe in is at stake.
I believe that citizens in democracies believe in and benefit from the systems, and are prepared to endure. While we may disagree on some aspects of the inflation issue, I appreciate that we agree on the fundamental point about the strength of democracies.