Hyperinflation. A term has risen from the dead. What was once only talked about in textbooks and classrooms has now become mainstream news. After injecting trillions of dollars into the economy, the United States is finally feeling the effects of money printing as prices across the board are skyrocketing to new highs. These change’s in the economic landscape have become too obvious to ignore and finally, the topic of inflation is back into the mainstream. While the fed currently publishes a stat that is rather laughable, claiming that inflation is a mere 2.5%, the American consumer is waking up to a new reality where all things are getting more and more expensive by the day. This has sparked a new conversation, with people in two separate distinct camps. On one side we have the federal reserve. While they are finally admitting “small” inflationary pressures are taking place, they claim that these pricing pressures are temporary, or as they like to call transitory. Their take is that because of the immense pent-up demand due to the pandemic, and the various money injections done by them, inflation will go away as soon as supply catches up to this extraordinary demand. Powell is often quoted that he isn’t even thinking about raising rates. Take a listen for yourself.