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> So... you agree it's transitory? No, transitory implies that it would go away on its own, without action by the government. I think it's going to end because
by leereeves 4y ago
> So... you agree it's transitory?
No, transitory implies that it would go away on its own, without action by the government. I think it's going to end because the policies that I think caused it have ended. If the policies that were in place when it was first called transitory were still in place, then I would take the bet.
> Inflation isn't "damage"
I was referring to the decline in real wages, sky high house prices pricing out the working class, things like that. Not inflation per se.