re: Inflation to Rockering Stagflation - It’s going to get bad guys

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going to get bad

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it's bad now, but we've got a long way to go until we hit bottom

even the Federal Reserve and other central banks are starting to express the need to taper the buying of mortgage backed securities and treasury bonds to stop pumping artificial dollars into the economy, but they can't really stop this activity or interest rates will rise and we will owe more money on our obscene debt.

Not to mention with Delta on the rise, they might even feel compelled to double down on their loose monetary policy. Inflationary pressures are going to be enormous and because everyone is afraid of inflation now, they will alter their behavior to prepare for it thus making it somewhat of a self-fulfilling prophecy as people will demand higher wages, people will feel that they can raise prices in expectation of inflation, etc.