I believe it. By “transitory”, he doesn’t mean “heading back to 2019 prices”. He means, “no longer inflating at these rates”. Thats almost certainly true. The

I believe it. By “transitory”, he doesn’t mean “heading back to 2019 prices”. He means, “no longer inflating at these rates”. Thats almost certainly true. The “Making Sense” podcast [0] covers the deflation / inflation debate in detail and is a great listen. [0] https://podcasts.apple.com/us/podcast/making-sense/id1506469669 https://podcasts.apple.com/us/podcast/making-sense/id1506469...