>> reporter: at tallyrand restaurant in burbank, california, owner karen ross says the cost of just about everything is climbing. >> we've seen our beef prices go up 50%. >> reporter: 50%, 5-0. >> shocking. >> reporter: it's a result of surging demand from americans with money to spend, combined with lingering supply chain issues, ships stuck at ports, and a shortage of truck drivers to deliver the goods. that's led to the worst inflation in nearly four decades. it had pretty much been kept in check since the last major surns in 19 eight peupon but now the wallop to the wattle is pronounced in basic needs-- energy prices up in the last year. and beef rose up more than 26%. and chicken and seafood up nearly 11%. today, the president pleaded for patience. >> it's a real bump in the road, and i think you'll see it change sooner-- quicker and more rapidly than most people think. >> reporter: perhaps not fast