It is simplistic, history tells us inflation has always been...

It is simplistic, history tells us inflation has always been caused by monetary policy.
They can blame whatever they want, the main contributor was the endless printing into 2021.
The only way they will get it under control is to take the heat out of the economy.
Which is not happening, so inflation will resurge again, because they want to kick the can down the road.
But you keep believing in a Soft Landing all you want.

As for people getting burnt using short ETF's.
People getting burnt on the stock markets is nothing new.
Maybe when we have a stagnant decade you might change your opinion.