It’s truly the perfect storm.
Lockdowns, pulling labor and killing productivity.
Free government money increasing demand.
Quantitative easing increasing money supply.
Reducing energy production.
Sanctions pulling large percentages of commodities off market.
If one wanted to create the situations for hyper inflation, you could not do better than the above.
Many of us will be lucky to live through it.
I suspect Joe Biden’s henchwomen are getting advice from Greenwich’s most greedy.