Another viewpoint on the "inflation" problem:

[kentuck]

In my opinion, instead of inflated prices, we will soon experience deflated pricing.

The present inflation is tied directly to the Covid pandemic and the supply issues created by it.

Inventories were stockpiled and backed up in our ports when commerce was effectively shut down over large parts of our economy.

There was a shortage of drivers to unlock the bottlenecks at our ports.

People could not get the supplies they wanted and the prices went up. That is where we get the present inflation.

However, and it is starting already, when the bottlenecks are cleared up and the supplies are moving at a full pace, there will be an over-abundance of products for people to buy.

This will cause the prices to go down and we will experience deflation within the next couple of years, would be my prediction.

[Johnny2X2X]

1. We won't see deflation

Inventory costs money to store, those costs are added.

But inflation will ease as next year begins.

[IbogaProject]

2. Nope it is manipulation

Nope there are plausible things to blame, but the powers that be want Congress or The Senate to flip to prevent serious upper income tax hikes etc and other improvements for the average citizen..

[roamer65]

3. There are thousands of 2020 and 2021 vehicles sitting in storage lots.

They will have to eventually sell them as used.

That’s going to crash the used vehicle market when it starts to happen.

[PortTack]

4. Awhhh..just too too bad

[onenote]

6. Technically, the unsold cars can be sold as "new"

But they'll be sold as the prior year's model and they'll probably be discounted.

The reason most of them are sitting in storage lots is that they're awaiting chips that the manufacturers are having trouble getting.
But sales are down, reflecting the fact that the economy is still struggling to right itself.

[orwell]

7. Inflation has been a problem...

...for years now. That is where we differ.

This recent inflation rate uptick is due to many of the reasons you cite.

The cause of the long term structural inflation is due to the Fed's and many other central banks desire to "build in" a 3% or so structural inflation rate. It also stems from the mistaken idea of core money creation through central bank and commercial bank credit built on a wildly leveraged fractional banking system.

In reality, prices on balance should be falling as we are more productive every year in every facet of manufacturing, resource harvesting, farming, logistics and technology. The only reason prices have risen for the better part of a century is the unending growth above necessity of the monetary aggregates.

It would be a far more honest system if we moved to an MMT system instead of this illusion of debt. At least we could get rid of the fables tied to the "gold system."

The Reserve banks have caused gross price distortions that do not reflect the underlying reality. If you hold the cost of money as negative the entire market is distorted.

If money costs reflected true supply and demand prices would be deflating and asset bubbles would be much more rare.

In other words, very few truly believe in the free market orthodoxy they espouse.

That includes most so called libertarians...