Cathie Wood has been saying that the real danger is Disinflation because of all the over production that's coming. Companies tend to over produce in an environment of shortages. Peloton is dealing with this issue now. They thought that the growth they experience during the shutdowns of the pandemic was going to go on forever. It has not.
High Inflation or Disinflation are both dangerous to the economy. The FED needs to walk a very fine line to make sure they don't over do it.