The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors. Read the article here: https://mises.org/mises-wire/we-have-not-properly-reckoned-economic-insanity-2020 Be sure to follow the Guns and Butter podcast at https://Mises.org/GB
