Prices are up because of supply chain disruptions. Products not yet delivered are in short supply while demand is almost fully recovered. Remember, we spent 2 trillion dollars each year for 20 years, and effects on inflation were minimal to almost non-existent, so "Build Back Better" and other Biden spending (which hasn't even taken place yet), is not going to be the cause of inflation. Once products are delivered and stores are fully stocked, there are going to be significant price drops as retailers attempt to clear out their aged merchandise.
A collection of articles defining our times. The pages contain clickable links, don't let the titles fool you, some of the best articles have very non-descript titles and there are usually more articles on the matters in the days and week pages the links land on so it's a sort of treasure hunt through history, Enjoy!
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Just keep it civil.