That inflation was in large part a very-predictable bullwhip effect of what happened in 2020 and possibly could've been prevented by supply-side interventions in 2020, but voters were not punishing Trump for it in 2020. He lost votes for appearing generally inept in the face of a pandemic (probably nobody would do better) and in the face of police violence and protests (much of his base felt he should have been much more authoritarian from the federal level even then).
That inflation was in large part a very-predictable bullwhip effect of what happened in 2020 and possibly could've been prevented by supply-side interventions in 2020, but voters were not punishing Trump for it in 2020. He lost votes for appearing generally inept in the face of a pandemic (probably nobody would do better) and in the face of police violence and protests (much of his base felt he should have been much more authoritarian from the federal level even then).