We all know Biden is full of crap. He wants to use the term "transitory" for inflation. (A term I'm sure he didn't coin himself) Below are synonyms for "transitory," as long s Biden and the Demoncrats are in charge, inflation will be high and with us the whole time!! synonyms:
temporary · transient · brief · short · short-lived · short-term · momentary · fleeting · flying · passing · flitting · fading · unstable · volatile · here today and gone tomorrow ·

"Federal Reserve Chairman Jerome Powell and White House officials said for months that a spike in consumer prices would prove "transitory" as the economy shifted away from the repercussions of COVID-19 to normalcy, according to The Associated Press.
However, economists are now voicing a more discouraging message that higher prices will last well into next year, if not beyond.
"It’s a large blow against the transitory narrative," said Jason Furman, the top economic adviser in the Obama administration. "Inflation is not slowing. It’s maintaining a red-hot pace ... They need to stop telling us that inflation is transitory, start becoming more worried about inflation, then act in a manner consistent with being worried."

https://www.newsmax.com/newsfr....ont/inflation-market