Yes, as per their explicit policy, you can never be racist or discriminatory against white people no matter what you say or do.
Or in other words they believe in the power dynamic version of racism, instead of the idea that racism is discrimination based on race.
It certainly did, inflation started right before the lockdowns started in response to the market shock from the rumors, and hasn't stopped or massively slowed. It was not higher during the various stimulus packages or giveaways.