One other point - Just how does the Fed control the effects of the snarled supply chains and the virus on the economy. Tapering and rate increases will do nothing to fix these issues. Also, I've read that crude oil prices are expected to rise dramatically ($150/bbl) due to the lack of capital investment (due to emphasis on renewables and government penalties) by the oil companies and due to the shortage of labor (no future in being a Petroleum engineer with the future being in renewables). Supply will not keep up with demand.
Yes sir it is all transitory sarc now you know they have to change the cpi again to make up for incompetence . Killing the poor pensioners who live on a fixed income who can not get a return on investment without risking too much too late in life very sad .
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