Ok, there's some truth to what you're putting down but I would say that it only accounts for about 10% of the causation of inflation (damn my rhymes is tight).
The foundation and basis of Bidenflation is his war against fossil fuels. He's on record as a candidate and "president" that that is what he's going for. Shutting down 20% of our domestic production on his first day via executive order started the dominos in motion. Bidenflation doesn't end with what people are paying at the pumps, it also includes what they're paying for natural gas and electricity in their homes. Then, exponentially multiply the cost of all consumer goods and services because everything depends upon fossil fuels either as a raw material in manufacturing or it is required to deliver goods on site or to the retailers and energy is required in processing. These costs don't get absorbed by the corporations, they get passed on to you and me.
Don't get me wrong, I'm not against renewables, but it's obvious that the technology isn't ready to carry the load and it has to be a much smoother transition from fossil fuels to renewable. No amount of scare mongering will change that.