The only answer I can give on that is the world run on oil , it doesn't matter how badly all these places want to go green and stop producing oil they can't and this is what they are learning the hard way right now and yes when you print a ton of money it creates inflation . So yes the world follows US in alot of cases especially being that oil uses the US dollar . If we added all the things that changed when Biden took a hard line on oil along with so many others we would see a big difference.