There wasn't inflation (outside of housing perhaps) prior to the pandemic event. Then the event hits which perturbed the system and led to monetary and fiscal r

There wasn't inflation (outside of housing perhaps) prior to the pandemic event. Then the event hits which perturbed the system and led to monetary and fiscal responses. We saw some deflation early in the event (remember those low oil prices in May/June of 2020?) and now we've been seeing inflation for about 6 months. We're still too soon after the perturbation to know for sure if this isn't just ringing in the system.