it's not unprecedented, and don't forget the supply side issues. inflation started to really blow up when the energy prices did arguably the effects of the st

it's not unprecedented, and don't forget the supply side issues. inflation started to really blow up when the energy prices did arguably the effects of the stimulus were masked by the big unemployment due to COVID, and when it decreased enough for the wage rises to start to get felt the spiral started, and the Fed acted late (because in the post 2008 recovery they acted too fast)