This is not inflation, it’s currency debasement.
I know of a business owner who, if it weren’t for a side job, would essentially be out of business. There is not enough profit to be made in the business to sustain it. Eventually, this will work back to the wholesaler who will also be within a hair’s breadth of going broke unless they also have other outside interests/jobs. And the government continues on as usual sitting on their brains.