Are We Going to Have Inflation Now or Nowish?

The price of a stock compared to what that company earns was the most important metric for almost all of stock market history. And now it's not even on the table for a lot of these stocks, because once the number gets large enough, people stop believing it. The obvious question then is, OK, do we have inflation now or nowish? Yeah. How long has it been going? What do we got here? It seems to be the case. We started to see prices jumping higher than they normally jump on annualized basis, maybe 7%, 8%.