Do you realize how desperate the Priesthood of the Economic PhDs are to say some of the recent inflation was caused by demand and hence why the research always shows at least 30% of inflation was demand driven? In the absence of demand driven inflation, no reason for Fed to raise interest rates. When you realize Fed's monetary policy experiment for the last 4+ decades showed the irrelevance of monetary policy, you see it also means the members of the Priesthood of Economics are also irrelevant ... and they quickly find themselves having to look up to Astrologers who are better at forecasting than they are ... https://t.co/KjQA7IBYrO https://t.co/Ghh8PuUDCS.