Is There a Supply Side Phenomenon?

i think many people's intuition goes wrong with inflation, especially now you've identified it as a supply side phenomenon. People are so used to thinking about demand that they don't think about supply. All these intuitions, i think, get us wrong. And then there's a second element before we get to your nice landing of four %, is there is a sense in which these things can spiral. I think there's like this wage priced spiral dynamic that can break out, and expectations can get out a hand. So in a way, i kind of feel like we all should take a little chill pill for the next 12 months and try to figure out the supplies,. How do we get