Above this line is what everyone else is saying as well. Here I want to explore some more possibilities, and just think out loud a little.
Another way they've always used to control inflation is to bring down energy prices (remember Petrodollar).
In order to do that they'll have to increase the supply of oil in the global market.
To do that they need to (1) remove sanctions on Russia and let that oil flow again (2) convince Arab dictators to increase their production (3) end the wars in West Asia so that security comes back and they can actually increase production (remember Saudi invasion of Yemen is in a ceasefire state and not ended).
There is a good chance that the next US president will be able to fulfill #1 by ending the NATO-Russian war (possibly recognizing occupied parts as Russia) as there are enough signals coming out from US making me confident about that possibility. Trump will probably have an easier time doing that because of his radical decisions.
It is foolish to hope that the United States and Europe will lift sanctions from Russia after they saw that the war in Ukraine has greatly weakened the Russian economy and there is a good opportunity to put the squeeze on the aggressor and throw him out of the list of influential world powers.
Putin can hardly count on Trump either. American politician and head of the district branch of the Republican Party for the 45th district of the New York State Assembly Boris Pincus said on the Kiev24 channel that, according to available information, Trump may offer Putin to leave the occupied territories of Ukraine in a specific short period of time. Otherwise, he “will simply say that he will be forced to give... ultra-modern types of weapons that no one has ever received abroad, but Ukraine will receive in unlimited quantities so that it can simply forcefully throw these barbarians out of the borders of 1991.” “This will be Trump’s plan,” the politician emphasized.
https://www.unian.net/war/voyna-v-ukraine-kakoy-ultimatum-putinu-svetit-ot-trampa-12710139.htmlAnd the chances that Trump will return to the presidency are falling after Biden’s decision not to run for president for the next term. Now the likely Democratic candidate in this election, current US Vice President Kamala Harris, is confidently gaining support and information is already emerging that she is ahead of Trump in terms of support from US voters and influential individuals. But if Kamala Harris becomes the next president of the United States, then Putin’s Russia will clearly not be happy with regard to the war of aggression in Ukraine.