This article talks about the root cause, or perhaps the only cause, of inflation. That is, printing money and devaluing the dollar itself by printing too much. I think it’s pretty normal for each president to outspend all the previous ones, but during the pandemic this was particularly true. I think another factor in the ongoing printing is 1) Presidents/politicians want votes and 2) People want free money. So the printing has more or less continued with whatever good reason they have around. Here’s an article about a Johns Hopkins Economic professor who disagrees with the Fed.
It’ll be interesting to see how inflation plays out and what affect it’ll have on Bitcoin. The “Gold Standard” of crypto.