I think you are being a little over confident in your understanding of what is causing the inflation. If it were as simple as pumping money into the economy, we

I think you are being a little over confident in your understanding of what is causing the inflation. If it were as simple as pumping money into the economy, we wouldn't be seeing inflation in most every country, everywhere. And no, every country did not pump a lot of cash into their economy. There are a lot of other factors at play here.