Going Out on a Limb on Inflation

Mainstream media is full of inflation stories. The reporting is shallow and comes with a lot of short and long term hand-wringing. I understand short term concerns, but I challenge the longer-term hand-wringing.

I think that the inflation we are now seeing will be temporary and by Spring 2022 will start to rapidly decline. We are moving through a short-term massive disruption in the global economy, not the…