Last week the Fed announced a 0.75% increase to the Federal Funds rate as heightened inflation continues to plague markets, businesses, and consumers. One could argue the beginnings of our current inflation problem dates back to early 2020 as the pandemic warranted extraordinary government and central bank actions to prevent financial collapse. These policy decisions that led to a couple of years of historically low interest rates and trillions of dollars pumped into the economy by central banks and governments across the globe are now contributing factors to our new inflation problem. And for clarity, the policy decisions at the time were needed and beneficial, but the magnitude and the time in which the stimulus lasted is the more likely culprit.