The result of inflation (increase in money supply) used to be called “Too much money chasing too few goods.” These days we have too much unspent excess unneeded surplus money, in the wrong hands, chasing too few US gov’t Bonds.
I think the massive inflation everyone talks about already happened gradually from 1913, the Dollar lost 98% of its value. If everything is in reverse, (my observation after the ’08 crash) maybe the its time for the US Dollar (and gold) MONEY, to gain value.
Maybe its time for all those long term Bond investors (and real estate investors) to get their teeth kicked in with higher rates. And have to hold Bonds to maturity to MAYBE get their money back?