We are on the edge of what Ludwig Von Mises called the “crack up boom”.
https://www.thebalance.com/what-is-a-crack-up-boom-in-economics-5217023
Covid restrictions did cause significant supply chain disruptions, but what most people do not understand is that inflation also can cause supply chain disruptions.
The combination of the two may push the world economy into uncharted territory—consumers around the world fleeing from currency to anything else, with all kinds of shortages generating more shortages in each step of the supply chain, with steady inflation eventually turning into runaway inflation.
Fasten your seat belts!
Don’t forget all of the “free” government handouts that made people stay home instead of finding jobs. This has lead to the low labor participation rate in the US.