The chairman of Capital Economics, and a staunch Keynesian, believes the world may be about to see a resurgence of inflation which has been relatively tame for decades. Mr. Bootle argues that pent up demand for goods and services, coupled with unusually large household reserves of cash, thanks to Covid restrictions on the normal habits of human society and government stimulus along with hyper aggressive monetary policy (QE), could be setting the stage for an inflationary spike.
Unfortunately it is behind a paywall. But for those with a subscription I recommend the article. Some of the comments are also quite good.