From the IEA's World Energy Outlook 2022: https://www.iea.org/news/world-energy-outlook-2022-shows-the-global-energy-crisis-can-be-a-historic-turning-point-towards-a-cleaner-and-more-secure-future

Interesting chart, although it’s very difficult to see the number at the end for advanced economies. Perhaps a short horizontal line with the name next to it on the right as a legend could be a solution.

1. Corporations create "inflation."
2. Economy crashes.
3. Corporations get bailed out with taxpayer money.
4. Repeat.

Transport is so key for a lot of goods. So, when oil/gas prices go up, a lot of goods prices will go up also

1. No, this is wrong. Monetary policy creates inflation when the supply of dollars increases faster than the size of the economy backing those dollars. Often, this is because of government programs that inject trillions of made up fairy dollars into the economy. The result is that demand for everything goes up, and prices go up.

2. The economy crashes when the FED tries to roll back demand by making borrowing more expensive.

3. Corporations that are run poorly and have special ties to lawmakers (e.g., automakers and by extension their unions, for example, who donate to Democrats) are bailed out.

4. Repeat only if you cannot learn anything from this.

Inflation is very hard to analyze, it’s hard to pinpoint a cause. The economy is a very complex system.

So all of us in the developing world are going into civil war, cool

Yes, but, the fed didn't cause high energy prices. To the extent that this inflation is caused by high energy prices, the blame lies on corporations and the war in Ukraine.

There are way more factors than the FED monetary policy. If it was that simple we would never inflation or a crash. To be fair, the government has been pretty successful from preventing major economic swings since 2009. So yes, it seems that we are learning. However, there are no guarantees that we may not have a major crash or down turn.