>there was no inflation. Of course, there was inflation but could not be reflected by CPI. Just look at the asset prices, can you explain the dramatic increasi

>there was no inflation. Of course, there was inflation but could not be reflected by CPI. Just look at the asset prices, can you explain the dramatic increasing? In the past, printed money mostly went to rich people and made asset prices skyrocketing. But this time is different, people live by paycheck got some chunk of it. And here we are.