RE:Inflation Hi Snakeboy.
I have a monetarist viewpoint on where inflation is going. The money supply in the US is almost 2 years ahead of where it should be. However, the growth rate of the money supply is negative in the US which should help to bring everything back to balance. I might also add that there is still excess liquidity in the economy that is being reduced by QT which helps to drive prices lower.
I've also estimated that by early 2024, and with the help of QT, excess savings will be depleted and inflation should fall hard. I would not be surprised to see inflation below 2% by the end of 2024 which is contrary to what central banks are telling us.