Julia Coronado, founder of Macro Policy Perspectives with expertise in macroeconomic trends, and Laura Rosner-Warburton, a senior economist at the same firm, dive deep into the nuances of current inflation. They discuss whether recent inflation is truly transitory or a lasting change. The conversation highlights pandemic-driven shifts in consumer behavior and their impact on prices. They also analyze how monetary policies may worsen wealth inequality and explore the potential long-term economic transformations in response to supply chain pressures.