We seem to have experienced an “unprecedented” financial period during the last decade or so. Corporations have been forced into “saving” money overseas. Now that money is going to come back into the United States. If it goes into circulation all at once we will have run-away inflation, but if corporations continue to “save” it by buying back their stock, we may get to experience the mythical “soft landing”.
We will never have run away inflation because the USA is saturated with immigrants to hold down wages. That was the plan to “cut” Americans down to size.