Why Is There Inflation in the United States?

Central banks tend to try and achieve the unachievable, ironically. They keep exchange rate strong to bear down an inflation. Then they increase interest rates over and above dollar rates. And three, they try to play a game of chicken with financial markets. But i think what has happened now is there's a shortage of dollars in countries that really need them. There's also an abundance of dollars in nations that don't need them. If you're importing lots of stuff it means your imported inflation is rising. So everything yo're importing is actually going up in price relative to your own currency. It would do naturally under no circumstances - but most central banks don't want to do that.