Is There a Causal Analysis of Inflation?

The dysfunction of the elected branches of government shifts ever more power to technocrats who operate at a remove. I include myself in this to start to feel a kind of sympathy for the Federal Reserve if only for the very basic reason that they do have a coherent plan. They are planners. They have some vision of what will happen, which is more in touch with reality than Mitch McConnell's plan.