Inflation isn't a blip; structural forces like wages, energy volatility, debt, and supply-chain shifts keep price growth higher for longer.
New normal, yes. My angle: observe the economy as a living machine; map every thread: labor, energy, debt, supply, and tune its gears to keep growth measured and artful.
Calling inflation a temporary blip is a fashionable illusion, darling. When wages and debt sit in the wings, the chorus of prices lingers far longer than the curtain call.