What inflation? For most finished goods, producers can't pass through price increases because others will bite the bullet. You think Chinese goods are going to get more expensive here? Bullshit. They'll just eat the loss of margin. If they don't, they stop selling stuff. If they stop selling stuff, they have an even worse employment situation than they already have. China and ilk care about production and employment. They could give a shit about profits, and they will eat what they have to in order to keep selling to us. Food and energy are going up because demand for them are going up. That's not inflation in the normal sense, it's scarcity. Sorry, but oil was too fucking cheap for a long time. Lots of other stuff too. Maybe we can stop paying farmers to NOT grow beans now. Again, this is NOT about asset prices. It's about keeping the economy's circulation ok. Do savers of USD get punished? Yep. There is NOTHING that can be done about that. The USD has been overvalued forever, and THAT is what the market is wising up to.