Solarbird :flag_cascadia:This is not financial advice and I am not a financial advisor, but my inflation expectations are more in line with those of the dissenters.
People see the gas/diesel price shocks. Most people aren't yet really seeing the shipping price shocks. The goods price shock hasn't hit yet, but it absolutely will; if you look you can see it coming.
As for food, well, people are seeing a little foods price shock but it's mostly transportation impacts passed along so relatively low-key so far for most, but if fertiliser supplies don't get sorted - China's helping with that in eastern Asia, sharing from their considerable reserves stockpile - the hard impacts will be four to six months off.
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