The inflation that we are seeing today is inflation in assets (housing and stocks) rather than a rice in commodities and food. I think we aren't seeing prices rise as much because people are starting to pay off debt and save money. And the market is absolutely a bubble. Look at the PE ratios in the S&P 500. The Fed is literally buying bonds to keep the markets up as well as buying stocks across the board. You have to recognize the market is rigged to go up regardless of earnings. In fact, earnings have been stagnant for a while now, yet stock prices continue to climb. This screams bubble. Plus the economic cycle turns over about once ever 7 years. It's all just a giant pattern based off of fictitious statistics created by the gov and greed by individuals in the market.

I'm guessing the market will correct 50%. I know doomsayers predict a collapse every day ending in 'y' but I think this crash could be very serious considering our problems from '08 were never solved and national debt is now even higher.