by goldenloi
There appears to be a widespread consensus that inflation has peaked and it’s down from right here. I are inclined to disagree, although I acknowledge that that is potential.
Nothing is assured and no two time durations are precisely the identical however inflation noticed a double spike within the Nineteen Seventies and it may simply occur once more. The Fed was tightening throughout a lot of the 70s worth inflation as nicely, additional proving that the Fed can solely accomplish that a lot to cease sure forms of inflation.