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Nor is he alone in his criticism of Powell, who infamously initially dismissed post-pandemic price inflation as "transitory" and has been faulted for being too focused on backward-looking data.

“That’s our intent this year. Let’s hold pricing constant, because we don’t know if the tariffs are transitory, if they’re going to be permanent, how sticky they’ll be in the new administration.”

While it’s normal to see humpbacks in Monterey Bay or Hawai’i, Southern California is more of a transitory point for the whales en route to Mexico or even Costa Rica, according to Girardeau.

Bouchillon distinguishes between trait self-esteem, as the more constant and enduring form of self-esteem, and state self-esteem, which is transitory, like the boost someone might feel from a social media post being liked.

America wasn’t in the throes of unsustainably high consumer demand, but a temporary — call it “transitory” — spike.