When more people want limited goods, prices surge. And that’s not going anywhere.

“You have all of this great consumer demand. The supply chains cannot handle the volumes that are being insisted on. We never had it at these levels. You have clogged ports, clogged supply chains. It’s going to take a while to work yourself through that,” said L. Craig Austin, who teaches logistics and supply chain management at Florida International University.

The Federal Reserve has already signaled it intends to hit the brakes on its decade-long stimulus activity and finally raise interest rates, an attempt to combat inflation. But this kind of monetary policy isn’t immediate, and that lag means Americans will feel like higher prices aren’t being addressed for maybe a year or more.

“I don’t think there’s any way out of high inflation next year,” Weber told The Daily Beast.