The total supply of dollars is not even getting tracked anymore. The FED only tracks the M2 money supply, which doesn't account for everything that's printed.
And then they calculate inflation based on the banana's price increase, which is utterly ridiculous. A price increase for food and other products comes despite the fact that technology made them cheaper to produce.
Inflation should be counted with the supply of dollars, like in crypto. With coins, when the supply doubles we say inflation is 100%. With dollars, we don't. It's been working for now but this it's all going to blow up in the end.
Almost every empire in history was crushed because of inflation mismanagement. Reading about Rome is especially insightful. FED chairmans and other economists don't care because they think short term. They have a short lifespan and need to get results during their few years governing.
The only real money is hard money. This crisis really showed me the value of Bitcoin, I did not expect the FED to be so evil. They must know it's not sustainable.