I’m so old, I remember when the government officials assured us they can print as much money as needed and there will be no inflation we need to worry about. And if there is, it would be just a few months.

Consumer inflation is expected to have flared in September at the same rapid pace as August, and economists say there will likely be more hot numbers to follow.

Source: Inflation gauge should be hot again in September and for months ahead

Meanwhile, the supply chain disruption will lead to shortages this winter (including at Christmas) and higher prices.

By EdwardM