> I still believe it is due to the large money printing by the Fed, a total of around 10 trillion disbursed for various programs. W If the Fed's policy was res

> I still believe it is due to the large money printing by the Fed, a total of around 10 trillion disbursed for various programs. W If the Fed's policy was responsible, then we'd see a divergence between inflation rates in European countries and the US. We don't though. European inflation rates (across the board) closely track what's happening in the US. What we do see is a similar demand reallocation in both portions of the world. Demand has shifted from services to goods, and that increased demand drives inflation.