The money printing goes back even before covid. Our politicians have been flooding the economy with printed cash for quite some time. The buying power of the dollar has been destroyed. Prices rise to match the money supply, and the money supply has been increased by a few trillion dollars worth.
Anyone who has been thru ECON 101 could see this coming. But, for some reason, Federal Reserve idiots like Bernanke, Yellen, Powell, and others in government, thought that money printing was going to save the economy. Trying to create wealth out of thin air never works. And, nobody in government, from either party, has admitted that the money printing was a terrible thing to do. Our inflation is not being caused by the supply chain, covid, or any other excuse. It is the money printing, stupid!
Prices will come down when the next economic crash hits. That time might be sooner than you think since the debt load is enormous. Corporate debt, personal debt, government debt, all at record levels. There has to be a breaking point at some time.