I think it's mostly due to the Federal Reserve printing trillions of dollars out of thin air in 2020. https://fred.stlouisfed.org/series/M2SL https://fred.stlo

I think it's mostly due to the Federal Reserve printing trillions of dollars out of thin air in 2020. https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL The inflation we're experiencing now is a lagging indicator of the massive stimulus of 2 years ago.