From WSJ article: > Unlike in past recoveries, strong demand for goods such as autos, furniture and appliances has driven much of the inflation surge. Prices f

From WSJ article: > Unlike in past recoveries, strong demand for goods such as autos, furniture and appliances has driven much of the inflation surge. Prices for services—such as for travel and recreation—have generally climbed much less with softer demand. The holiday season is likely exacerbating these dynamics, said Aneta Markowska, chief financial economist at Jefferies LLC. We're seeing crazy price growth without a rise in demand for services. But that'll likely change and fuel inflation further as covid restrictions are lifted. I still believe it is due to the large money printing by the Fed, a total of around 10 trillion disbursed for various programs. We saw inflation in nearly every asset class in our economy, blowing past pre-covid numbers, and now its coming to consumer prices. I just hope we have the political will to do something about it. Unemployment is very low and the Fed is still dragging their feet about maybe 1 or 2 potential raises next year and a slow unwinding of the trillions in assets its built up over the last year