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by neffy 1167 days ago
Hopefully they are not quite that stupid. Inflation is a lagging indicator, so expect it to start dropping fairly quickly as the -12 months price delta normalises, against the M2 injection 2 years ago.

M2 continues to drop (this is a bad thing for stability, but will feed into prices dropping over time):

https://fred.stlouisfed.org/series/M2SL