This is as exciting a time and also as a

consequential a time to be a central

banker that I can think of at any point

maybe outside of a crisis in my adult

lifetime. The AI boom is showing itself

first and very prominently in the United

States. I'd certainly rather have this

problem where we have massive capital

expenditures instead of thinking years

back where we had financial engineering

where we had companies that weren't able

to deliver profits. So they would do

shareholder buybacks. Well, right now

they're investing in the future because

their expectation is the supply side of

the economy will expand.