Government regulations can affect the cost and supply of just about anything, especially housing and energy. Tariffs on foreign goods can be a major factor as

Government regulations can affect the cost and supply of just about anything, especially housing and energy. Tariffs on foreign goods can be a major factor as well. Beyond that it is a question of government borrowing and central bank money supply. Government borrowing will be inflationary if it is financed by the central bank and it doesn't look like there is any credible plan for paying it off. That sort of thing is indistinguishable from printing currency to pay your bills, which doesn't work out very well after a while. Germany in the 1920s and Zimbabwe more recently are good examples of that.