What if inflation is transitory and stagflation is permanent?

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Your Next Round of Drinks Might Be More Expensive: WSJ

Costs for cardboard packaging, aluminum for beer cans, labels, transportation and energy are all going up. That is part of a wider burst of inflation hitting many industries in the developed world as economies recover from Covid-19 lockdowns.

General Mills Warns of Inflation, Readies for Shifting Consumer Behavior: WSJ

The food maker, which generated $4.52 billion in sales for the latest quarter, anticipates logistics costs and expenses for raw materials to rise during its new fiscal year.

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