There is a simple reason as to why US inflation is likely NOT transitory: The American public's demand for ever greater amounts of money-printing to offset the recent price increases. This demand manifested itself in late October, 2022, just before the mid-term Congressional elections.

Newsweek claims that a majority of the American people now want the Federal government to issue more stimulus checks in order to offset inflation. Newsweek surveyed more than a thousand "likely voters" and claims that its survey