@rbreich Full employment can increase supply of goods and services, keeping prices in check--right? The big driver of inflation was lack of supply. Not enough shipping containers, not enough truckers, shortage of microchips, shortage of workers who feared getting sick. If the Fed had taken their foot off the gas earlier and eased into higher rates 6 mos sooner, we might have avoided inflation spikes. Not sure how to deal with OPEC and Russia, but gas has eased in spite of those pressures.