Thank you. Covid-era policy was choosing between bad and worse outcomes. The Fed and both the Trump+Biden administrations correctly learned the lessons from 200

Thank you. Covid-era policy was choosing between bad and worse outcomes. The Fed and both the Trump+Biden administrations correctly learned the lessons from 2008 and decided that we could handle a year or two of inflation in exchange for avoiding a 10+ year sluggish recovery from a recession. I'd take higher consumer prices while supply comes back online 10 times out of 10 over a prolonged economic downturn.