The only reason we didn’t have a total economic crash in 2008 was because the Fed papered over things with their easy money policies. But that was like kiting checks, eventually the flim flam doesn’t work anymore, and that’s where we are now. They are stuck because they can’t raise rates sufficiently to control inflation because the interest on the deficit would consume most of our Federal spending. At this point they can only hope to slow it down with a recession and demand destruction as things become too costly for most people to afford. Don’t let them fool you, inflation isn’t going away any time soon.