Staying Elevated
Not saying Super Inflation. Not Referring to Stagflation. Simply Inflation. Yes the new normal will be much higher inflation simply due to larger than normal amount of printed money this time round due to Covid-19. Some big shots say Transitory. This could possibly leaves room for interpretation on what it really means later. There is good possibility this can be no much further increase but it can stays elevated.

From above chart, coming back to 2.x range seems not easy without causing a recession. It may mute a little but it will be relatively elevated to support businesses profit. Oil Price Then we look at Oil Prices below. Is not much high and unlikely to back to Mar'21 crash figures unless market really crash again. Maybe the Shale Oil will go away which seems not likely else inflation will speed up further. They will keep OPEC...