Covid Ending Inflationary Event

I'm wondering, with these Phizer pills it seems like Covid is mostly licked. So few people will end up in the hospital once these things are widely available next month. So what is going to happen to inflation when people get out and lockdowns end?

Is this a hyperinflationary environment if demand for everything begins to suddenly increase? Wont there be shortages again pretty quickly as people freak out, like they did with toilet paper?


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