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I tend to think you are right here and that worries me. Because if we cannot get back to “normal”, inflation is going to keep rising. At some point the virus is

• Ericson2314 5y ago
  There is a lot of propagation delay where a few key bottlenecks radiate out though industries that have transitive inputs in those bottlenecks. I'd think that the root supply issues were easing over last year, so much of what we are seeing is still an echo what's already come. If omicron blows through as fast as it arose, I'd say things are looking up. Still team transitory.
• panick21_ 5y ago
  I strongly disagree. The central bank is always in control, they can not be, not in control. If they are not hitting targets its just bad leadership. So never fall into the trap of thinking the central bank has not 'teeth'. They could hit almost any target they wanted. The only thing that needs to change is the mind of people on the control board.