Talking rubbish like Spidey. The inflation of today goes back at least as far as the 2008 GFC, after which the Fed ran successive rounds of insane QE and asset purchases, printing trillions and enabling gross corporate share buybacks but only providing a superficial economic 'recovery' with this insanity. The Covid situation has made things worse at the end of Trump's term and at the start of Biden's.
However Biden's reach for a quick green transformation has not helped anyone because the US and the world is not yet ready for it. Now he wants to build back better with trillions more of the magic dollars but begs for oil from the Saudis etc. If you're going to burn oil anyway, why not burn your own? That would bring down inflation and afford more funds for serious R&D for green tech.
Bye.