Even though I think that inflation is lowering over time, I think that the FED will have to accept a higher than 2% inflation. I think it is likely that they will have to accept 4% or higher inflation. When the market realizes it, tech and crypto will go through the roof!

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

What structurally would cause >2% inflation in the US?

I think there is a general misunderstanding of the Fed's actual goals. Their goal re: inflation is over the longer run. Inflation historically has had extended periods both above and below 2%.

That doesn't mean that the Fed pivoting in the short-term is them abandoning or adjusting their goal.