How can we not be headed for big time inflation? I’m too young to remember the Carter era and we really haven’t had inflation in my lifetime. However, with the number of dollars being put into the economy, the singular focus on reducing unemployment, and a ramp up of the economy that already has too many dollars chasing too few goods, it seems inevitable. Anecdotally there are examples all over the place from housing to lumber to used cars. I think the current crypto craze is being fueled by it as people try to find a place to park excess dollars. There have been fears of inflation in the last 20 years but it has never come to pass. Is this time different?