The #1 driver of inflation hasn't been government stimulus or supply chain issues, it's been a tight labor market that has driven-up wages.
Unskilled workers may be able to demand $20/hour now, but that won't last through the next recession. Higher minimum wages elongate and weaken job recoveries, for this reason.
So you think the trillions of free loans/stimulus given out during Covid (a lot of it to people and businesses that didn't need it) and supply chain issues have had no impact on inflation whatsoever? How did you come to that conclusion?
He didn't say they had no impact whatsoever, just that they weren't the #1 driver of it.