I get that and you may well be right.
However.
The banks are still lining up to lend you money at what - 3.6%?
http://www.zillow.com/mortgage-rates/
Admittedly the rates have nudged up just a bit. But still - if the inflationary case is so iron-clad then this is not rational behavior on the part of the lenders.
Like I said - you may well be right - I certainly wouldn’t bet against it. But it does seem odd that people are advertising to give you money hoping for a 3.6% annual return on those dollars.
Minor inflation is normal. Leave it to the Internet to speculate that minor inflation means hyper-inflation.