Commentary  There is no question the federal reserve will raise rates this year, with most analysts expecting the first rate increase in March. Goldman Sachs estimates the Fed will raise rates seven times in 2022 and prices in nearly all categories are surging to 40-year highs. Recently, the producer price index rose 9.7 percent from January 2021. On Wednesday, Energy Word founder Dan Dicker forecast $5.00, $6.50, or even $7.00 gallons of gas in the near future if oil prices continue to rise. Also on Wednesday, investing legend Charlie Munger shared that he was worried about inflation and that it posed a risk to democracies worldwide. Munger added, “the troubles that come to us could be worse than what Volcker was dealing with, and harder to fix,” comparing the current inflation woes to similar issues in the 1970s. The inflation debacle of the 1970s lasted from late 1972 until the …