Yes, but in terms of what? Same with real estate. Six trillion printed dollars aren’t going to suddenly gain value in relation to equites and hard assets. The market may indeed be worth less in relation to gold or Bitcoin, but in dollar terms there is no reason for stocks or real estate to keep doing anything except go up.
As a real estate expert recently explained, if inflation hits 10% and house prices go up 5%, the real estate market will have “crashed” - even though prices are higher.
Well inflation will wipe out the Middle Class and few will be able to afford to build a house with Lumber soaring out of sight...The shrinking inventory of pre built houses will dry up and making it a seller’s market. Inflation will undermine the US to the point it has to crash.