Uncontrolled government spending has been fueling inflation. Adding a trillion dollars to the national debt every 100 days is unsustainable. Next up an almost $100 billion supplemental for Ukraine, Israel, et. al. All borrowed money with no end in sight.
It is also caused by Bidumbs war on oil. Oil is in just about everything. Its in Plastic pipe, phones, cars, packaging, siding, roofing, roads, shoes, toothbrushes, cordless drills, diesel, gasoline, rakes, led lightbulbs, foam egg cartons, soda bottles, ect, ect.
The cost to ship the products we need and the cost of the products are affected by the cost of oil. But he is not just going after oil but natural gas as well. The very stuff that is used to produce energy. You know the energy we need a massive amount to make aluminum. For things like cans, aluminum foil, airplanes, electrical wire, boats, piping, ect, ect.
The guy is a walking market destroyer. Everything he passes is designed to destroy the economy.
Spending is only one part of the inflation problem. The attack on energy is another. Sucking up more of the short supply of housing by criminals he lets into the country is another. How many houses are going to be built by builders when they have to pay $50,000 in finance fees to build a house because construction interest rate are about 10%.
The fed is just plane wrong by raising interest rates to lower the cost of housing. And Bidump is wrong about his spending and war on oil not causing inflation.
This is a war against the citizens of the USA.