I think Mr. Elliott is right we are not even in the end of the beginning moment. The Fed, Bank of England, and ECB are way behind what it took to finally end the inflation that plagued the 70s. Yet Central Banks recently released statements claiming they are done with the aggressive rate hikes for now.
Oh BS. Crashing the world’s economy on purpose is WORSE than inflation. A classic case of the cure being worse than the desease.