There is no runanaway inflation because it is specific to asset classes, and, critically we have managed to export a great deal on inflation abroad. Look at as

There is no runanaway inflation because it is specific to asset classes, and, critically we have managed to export a great deal on inflation abroad. Look at asset prices outside of the US. A cursory look at home values in specific markets within colombia, Mexico, Russia and Argentina tell you a lot of where things are going, post COVID