I have seen prices rise as well, especially in the last year or so.
But I was puzzled about the lack of obvious inflation in the early Obama years.
The idea that quantitative easing put money into the hands of people who spent it where it did not contribute to price inflation is an intriguing idea. The stock market certainly shot up in price! Stocks are not considered part of any inflation index that I know of.
The Obama administration removed food and fuel from the inflation calculations they used to determine "inflation." I've often said the Trump administration needs to recalculate all the Obama job numbers and inflation calculations using the earlier method, and let that stupid bastard Obama go down in history as the piece of sh*t idiot he really was.
And yes, the Stock Market is highly inflated. No real value increase, but massive stock value increases. That's where a lot of the "quantitative easing" ended up.