Step-by-step explanation:
It is difficult to say whether U.S. inflation will be far behind due to the growing regulatory burdens from Biden's executive orders, his regulators' open hostility to the U.S. economic system, and the return to a Progressive-era model of antitrust enforcement. While these changes will likely dampen economic growth, inflation is determined by a variety of factors, including aggregate demand, the supply of money, and the strength of the U.S. dollar. If aggregate demand increases due to increased government spending, this could lead to inflationary pressures, although this effect would likely be short-term. Additionally, increased regulation could lead to higher prices for goods and services, which could also increase inflationary pressures. Ultimately, it is difficult to predict how U.S. inflation will be affected by the growing regulatory burdens from Biden's administration, and more research is needed to better understand the potential impacts.