“This transitory life.” That phrase—from an outdated prayer for these affected by “bother, sorrow, want, illness or another adversity” of their earthly existence—echoes in my head lately. Sadly, it’s all too relevant for too many.
In its present utilization, “transitory” is the modifier favored by U.S. coverage makers to explain the surge of inflation accompanying the economic system’s restoration from its steep Covid-19-induced downturn. As soon as the strain from pent-up demand and provide disruptions dissipates, they are saying, the worth perturbations will abate, and the economic system will recapture its rosy prepandemic well being.
On the floor, it could