Well I'm no prophet, but the case would be: 1) globalization added downward pressure on prices, so deglobalization (or even just partial backing off) will remov

Well I'm no prophet, but the case would be: 1) globalization added downward pressure on prices, so deglobalization (or even just partial backing off) will remove that downward pressure 2) people really don't like inflation, even rich people, and expect the central banks to do something about it (raising rates)