Are We Going Back to the Seventies?

Inflation is why inflation is likely to be transitory. I wrote that it would take twen then, you know, late half, late 20 22, before inflation pressures. Ebb, and so i still used that word that people don't like to use, but i still think that's bimarge true. And i think the world is trying to get comfortable with the idea of a one time price increase,. That one time may take a year and a half, versus ongoing, year over year over year price increases.

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