If inflation goes up the one in charge NOW will get all the blame, always. There is never the perception that things develop over decades. Humans are incapable of thinking ahead more than two incidents or events; at the same time anything passed will be forgotten
instantly.
"Those who cannot remember the past are condemned to repeat it" – George Santayana, The Life of Reason, 1905.
"Not one human has ever remembered the past" – Catfish, published at the Aerodrome Forum, 2002.