The US will implement Type 2 QE, leading to inflation potentially much higher than 9% within 12 to 18 months after the QE. This will result in stagflation (slow economic growth and high inflation).
"option number two is the option that the US will have to pick. printing money into the oil spike. The inflation that might happen after that could be a lot higher than 9% 12 to 18 months after that QE. That would make this graph much much worse. Right? This is where economic growth slows down and inflation goes up. That is called stagflation that it's very very"