Not-so-Transitory Inflation
Feb 22, 2023
Google Trends shows us that the transitory inflation narrative lasted longer than any bout of transitory inflation recorded since 2004. This time, the sheer length of time that people searched for transitory inflation proves that it was never transitory! This may be the first time that an inflation meme died because nobody wanted to look stupid by saying it was transitory...again.
The only thing transitory about inflation is the pause that's occurring before the next run up.
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