Cheez, you will believe anything. This is straight from any "economist" they interview on MSNBC who is doing their best to run cover for failed policy. These are the exact same morons that claimed that the inflation was transitory when anyone that was paying attention knew otherwise. They are tricking you yet again. Not surprisingly, real economists without an agenda would disagree, though these are increasingly hard to find. All of this just happened to coincide with our new idiot in chief took office. Don't quit your day job. Let someone else handle your money. Maybe you can work up something with Mac, he fancies himself as an expert since he is a CFP. I am sure he would never steer you wrong.
We can revisit this thread regarding the causes of inflation. There are many factors, lack of labor being the primary and no it is no due to retirement. The lower paying jobs aren't typically held by seniors and yet this is where most of the shortages lie. Federal pandemic unemployment benefits did end and some state implemented their own supplement. There is already talk of another stimulus and extending the newly revised child tax credit to make it permanent along with free pre-school and increased SNAP and welfare payments. If Build Back Better or something even close to it passes, people will NOT be going back to work. Many are just hold up now waiting to see if the freebees will come to pass. Remember, we are talking about lower skilled/paying jobs for the most part. It doesn't take much assistance to put them close enough to their old income level to justify not working.