[PeterPrinciple]

But in recent years there has been little inflation

---

On what basis do you say that?

We have tremendous inflation. There are exceptions to inflation don’t focus on them.

Why is the stock market up? more money chasing few stocks. There is no discussion of those companies being profitable only perception.

if you want to understand the economic situation read The Vampire economy, easy read and downloadable here:

https://mises.org/library/vampire-economy

[SmokingJoe]

We have tremendous inflation.

We have tremendous inflation in what exactly?
Where is the inflation at?