I think there's a lot of truth in that. I think the reason we haven't seen much inflation from the loose money policy that's been pursued for some time now is that the consequences are being absorbed by the entire world economy, not just the U.S. But if we keep going the way we're heading, we'll be seeing some palpable inflation before too much longer. You can't get away with this sort of thing forever. The piper will be paid.
There can be no doubt that inflation is coming.
Inflation will devalue the existing $22 trillion debt. The new debt is at 0 interest. Devaluing the old debt means the interest in old $$ has less effect on the budget and economy.
Every prince tutored to be king learns the way to get rid of bothersome debt is to devalue the currency. The technique is as old Midas
Regarding the market....... the inflation increases the value of many stocks. To protect against inflation, stocks are a good investment.
If you live outside the USA, American blue chip stocks could look very good for parking some $$$
We are going to pay. All of the rules of economics demand that someone will pay, somehow, no matter what. It's not going to be pretty when it happens.