Short term inflation is rising, but this has more to due with supply and outputs being constrained due to Covid and inflation rising from an abnormally low base. Many pundits and experts underestimated how quickly things would come back, even with the help of stimulus. I think having rising inflation and a booming economy is preferable to a weak economy and low inflation.
https://www.cnbc.com/quotes/.DXY
Short term inflation is rising, but this has more to due with supply and outputs being constrained due to Covid and inflation rising from an abnormally low base. Many pundits and experts underestimated how quickly things would come back, even with the help of stimulus. I think having rising inflation and a booming economy is preferable to a weak economy and low inflation.