There is little question now that a period of recession with high inflation is coming. There is a greater question though. Has this been engineered?
There has been reckless creation of money, while there is high debt. The currency is being devalued. In the meantime, the interest rates are going to keep increasing. This will lead to an economic downturn with job layoffs and high unemployment.
The truth is that the greater economic turmoil, the more the people advocating for a "Great Reset" will gain. Free markets will disappear, a social credit score may be put in place, together with carbon taxation, and more control with CBDC's.
For further reading, take a loom at this article