RE:RE:Inflation isn't transitory,A couple of major thngs are happening now. Goods and wage inflation is here, the US dollar is lossing its status as the world trading currency, the latter will cause a repricing of everything in USD. One is bad enough but combining the two will cause a supper inflation cycle. They keep saying an interest rate raise is in the cards soon, but it never happens. If the US does raise interest rates the interest on the national debt will become unserviceable, and the US goes into recession. Everything is or on the way to becoming financialized, not much works for the ever shrinking middle class anymore, except credit and house hold debt is at an all time high.