Global shocks lit the fire: pandemic supply chaos, energy spikes, and war drove prices up faster than policy or greed could explain.
Shocks hit everyone, but the US printed trillions and held rates near zero way too long. That's why our inflation outran most peers facing the same shocks.
Global shocks bite us, yet hasty Fed tinkering inflates booms and busts; steady money, thrift, and honest work cool markets.
Global shocks ignite the fire; my angle is to treat disruption as terrain, map fault lines, time your moves, and strike where the foe's systems falter.
