Virtually all countries of the world are facing inflation and we should just see it like it is only happening in just our country. Even the most richest and industrial countries are also facing inflation which is something that the government have the power to control. We might need seeing more inflation because things are getting tough everyday. People are losing their jobs due to the invention of artificial intelligence which is still going to dominate and take most people's job and their would not be need to hire people against. Things are really getting out of hand and it's important we take precautions to prevent us from getting frustrated.
And you want to know why this is happening? It's because the USD is the world's reserve currency. Thus, if the USD experiences inflation, so will other countries' currencies. After all, most countries' economies are tied to the American economy. Rising geopolitical tensions will only make matters worse. Unless things go back to normal (end of wars between Russia-Ukraine and Israel-Hamas, end of COVID-19, etc), don't expect inflation to ease off anytime soon. It will keep rising until it's out of control.
That said, I believe Bitcoin is the answer to all of our problems. Unfortunately, governments won't allow BTC to take over the economy. Especially when it's decentralized. If they can't control it, they will reject it (or regulate it). The only reason why most governments are legalizing Bitcoin is because of the tax benefits it provides. But they'll regulate it heavily to restrict people's freedom as much as possible. It's an uncertain future, so we can only hope for the best.