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[wadirum1]

If Cramer was so good at forecasting inflation, why didn't he see this coming?

Seriously, the biggest inflation in 4 decades, and he entirely whiffed.

I would look for advice from someone who views inflation as a monetary phenomenon. We opened the firehose of money on the economy, and until something fairly drastic occurs to claw that back there will be no end to inflation.

And, no, in my book starting $30B in QT in June is not drastic. Nor is this tweak up in interest rates. With inflation at 7% or more, short term rates are extraordinarily negative. The Taylor Rule would have them be several points higher.

There are those who say the federal government could not withstand such rate increases given the size of our debt. But what we REALLY cannot have is prolonged periods with long rates up at 6 or 7%. We finance the debt mainly at the 10-year bond, so that's what we need to watch. And only dampening inflation fears can bring that down, especially if the dollar is going to be so high and if the Fed is doing QT (selling bonds).

We have a VERY tough road ahead, and Cramer just does not have the tools to see it.