Inflation here? gas/grocery prices just continue to climb

Mr. Sparkle said

Too much money in circulation chasing too few goods.

And then it takes on a life of its own when producers start raising prices because their inputs are now more expensive or even worse, just because they see everyone else raising prices so they do too...

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The supply of money isn't the only thing causing the inflation. It's at least as much due to the actual demand for consumption as it is due to cheap money, but there are other facets.

As far as I can recall from entry level macroeconomics, we are looking at basically a perfect storm of forces all pushing up prices topped by a global pandemic.

Borrow money while you can and make sure you're liquid going into the next few years is all I can say.