The dynamics driving US inflation

i guess one of the bigger questions in the marketplace at this stage is around inflation and whether it is in fact transitory. We can expand on this by including the questions of what the impact is going to be if the US Federal Reserve eventually starts tapering or stops the monetary stimulus that they’ve been doing since the onset of the Covid-19 pandemic.

I believe that if we can answer these two questions, at least within some reasonable measure of accuracy, we should be able to position