This ended up being way longer than I thought it would be
Did I intend to read an opinion piece on the background of the 2021 US inflation worries, the possible outcomes of this concern, and what Jerome Powell's mindset is going into his renomination efforts? Nope, but yet your well-written, informative, and enjoyable piece was able to keep me up way longer than I should be.
Your asides to deflation were definitely the most striking to me and I already know that I'm going to spend hours now researching the Japanese lost decade and the possible parallels to the present. Great work!