Experts said inflation was to be mild and temporary.

Amazon on Wednesday added a 5% fuel and inflation surcharge for U.S. third-party sellers who use its storage and shipping services.

Source: Andy Jassy on inflation surcharge: Amazon can’t keep absorbing costs

Wholesale prices were up by 11.5%, the most on record. Biden blames Putin, even though this trend began 1-2 years ago and did not start on February 24, 2022. Recent oil price hikes and food inflation as side effects of Russia’s war on Ukraine added to the existing trend.

The past two years have seen the suicide of expertise, that is for sure.