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Yes, this is a perfect follow up to your last week’s column. To the extent that our current inflation is being driven by supply side interruptions, we can expect businesses to respond to the new set of circumstances and, eventually, fix them. This may take some time. But, if government stays out of the way, inflation will eventually decline. The danger now is that government will react too aggressively with interest rate hikes and/or reductions in spending. The burden of these actions will fall, as they normally do, on those in the bottom half of the income distribution.