It's unclear to me how much the author of the article is accounting for inflation. The US inflation rate is higher than it's been in the last 10 years (maybe e

It's unclear to me how much the author of the article is accounting for inflation. The US inflation rate is higher than it's been in the last 10 years (maybe even longer). Yes, I agree that the power balance has changed... but in so far as inflation is part of it, then it's not all a positive power shift.