Surviving Inflation in the Age of Covid-19

The COVID-19 pandemic has driven the news cycle and risk concerns for the past two years. Yet as we proceed into 2022, the potential return of 1970s style inflation has seemingly pushed COVID to second place. What is striking about this inflation isn’t its magnitude but rather how quickly inflation has returned after nearly 40 years of deflationary pressures. But we should not be surprised. Remember when politicians argued over the $787 billion American Recovery and Reinvestment Act of 200…