No Surprise

No clue
Of what's happening to you
But before this night is through
The rhythm is gonna getcha
--Miami Sound Machine

We have productive people hitting the silk in droves due to regulatory repression or just plain fear. Supply and productive capacity thus decline.

But demand for this people doesn't change. They still need and want.

So less supply at equivalent demand means...higher prices.

Layer on top of that over $4 trillion in debt monetization over the same period, with much of it being sent to people directly in multiple rounds of stimulus checks. 

More money in the system chasing a given amount of goods means...higher prices.

How can rapidly rising prices be surprising given this context?