>Inflation is already happening, that is why housing and equities are so high. The USA hasnt even touched 2% inflation since 2019. Let alone any hyprinflation

>Inflation is already happening, that is why housing and equities are so high. The USA hasnt even touched 2% inflation since 2019. Let alone any hyprinflation concerns yet. In the context of: https://tradingeconomics.com/united-states/central-bank-balance-sheet https://tradingeconomics.com/united-states/central-bank-bala... and https://tradingeconomics.com/united-states/money-supply-m0 https://tradingeconomics.com/united-states/money-supply-m0 Inflation should be sky high. You cant inject that much money into the economy and not expect inflation. Inflation must come eventually. The reality is that people in lockdown arent spending. Adjusting inflation numbers for this, the economy is tremendously deflationary. Not to mention officially in recession. Worse yet, the 'v shaped recovery' also only exists because of the debt taken on by the governments. Adjusting for debt there has not been a recovery. Why are assets like housing, equities, bitcoin, gold, etc so high? I think it isn't inflation/deflation. It has more to do with expected collapse of the economy. Possibly great-depression levels of bad, but that won't happen for North america. The USA will declare a new war this year to counteract that concern.