It's entirely possible that we'll have a series of supply chain crises in the future, and nobody can rule that out. The question is whether blunt central bank i

It's entirely possible that we'll have a series of supply chain crises in the future, and nobody can rule that out. The question is whether blunt central bank interventions (raising interest rates, reducing the money supply) are the right solution to those problems. Typically the "do we need to worry about inflation?" question is actually (implicitly) a question about whether we need to change central bank policy.