In a way, yes. People flee into assets and commodities they see as "vaults" when they're uncertain, or that they see as rocket ships when they're greedy; this i

In a way, yes. People flee into assets and commodities they see as "vaults" when they're uncertain, or that they see as rocket ships when they're greedy; this is why their prices rise. The inflation from the liquidity injections is being contained to those assets. The bursting of the stock and crypto bubbles coincided with the rapid acceleration of inflation as people pulled their money out to both escape the falling knife and spend some of it on what they needed before inflation rose more, a vicious cycle. The effects of those purchases cranked the inflation stove.