This sort of lying bothers me. Recall, the “transitory” camp claimed that inflation would return to normal in 3-6 months. I’ve even made a handy graph below.

Inflation is, as I noted, still well above the pre-pandemic trend of around 2%. This is from December 2008 to now:

So many lies. But Krugman et al. have power so a lot of people believe them without checking anything. I don’t believe anyone — I always look at the data myself. And so can you.