ABSOLUTELY! What we are seeing is the devaluing of the currency but hard assets (corporate property, equipment, facilities, etc.) have “intrinsic” value. We are also seeing both inflation and cost reduction at the same time.
For example, if an asset (a tractor for a semi) takes 1000 man hours to produce and $10000 in materials at the days rates it is created, then it has a “value” baseline. If that man hours to produce cost $10 then we have a $20,000 baseline “value”. The sales PRICE at the baseline date is $30K (50% markup).
If the currency is debauched (devalued) so that it now buys LESS than before, say the currency is only worth 1/2. Then that same $20K base “value” is now $40K AND the $30K sale price is now $60K.
On top of the “funny money” games the interest rates are being kept ARTIFICIALLY LOW! So that businesses, and banks, can acquire capital more easily. Cost of goods and services rises, the “inflation” is built into the price of everything, and the “profit” goes up. Because the “profit” is with cheaper dollars that are actually worth less than before.