No I don’t, there was potentially some inflation due to fiscal stimulus but mostly due to supply chain issues. The continuing inflation is caused by interest rate increases, ie. the interest rate sets the inflation rate.
If you were right, Fed policy would drive the nation into an unbreakable positive feedback loop (irrespective, really, of preexisting conditions because the conventional economic levers would always drive the nation the exact opposite way intended) until conventional understanding of monetary policy was abandoned.
The fact that this hasn't happened pretty clearly disproves your understanding: the conventional understanding may be wrong in some way, but its not inverted.
