I shall return....or maybe not!

How about the Cabal or the Deep State?

 

As long as increases in the money supply (beyond and above economic growth rates) feed only into asset prices, you won't see much inflation elsewhere.
However, when asset prices start to resist going higher still, or even go down (i.e. demand for assets is falling because of diminished trust in financial trees growing all the way to the moon) then additional increases in the money supply will inevitably start to feed into inflation of every day goods and services.
There's no "big plan" behind it at all, it is merely a result of central banks foolishly trying to avoid a recession/depression for too long, even when it is long overdue already, a situation that's being exacerbated by the effect of the pandemic.
Economic cycles are not dead, no matter what central banks try.

You can see an example of what such foolish policies achieve in Turkey. The central bank (under direct orders from Erdogan, the president, who believes high interest rates are a sin) persisted in monetary expansion (cheap money) policies at a time when the economy in Turkey is contracting already, resulting in double digit inflation, people seeing their savings evaporate, protests in the streets, and the Turkish Lira loosing much of its value (40% in 2021).

 

I guess that's why those I know in small businesses' always deal in cash only...what the eye dosen't see...

 

Just when I thought this O/P was about the cost of returning home to the Western World.
While this year we will see inflation rise dramatically, especially energy prices for the whole of Europe, I supose we have blame someone!
How about the Russians, UAE or China, it's all about power and control over shortages or supply. If I was an investor I would be buying shares in clean drinking water!