Your restaurant analogy? There will be a disclaimer at the bottom of every menu: "We're sorry, but we've been forced to raise prices because our supply costs have skyrocketed."
Yesterday I paid $10 for a can of black pepper. I suspect restaurants use pepper, too.
During the Weimar Republic’s hyperinflation, people would try to shop early in the morning because prices would rise throughout the day. Thanks to Biden we just might see how that worked ourselves.