Perhaps inflation was a concern in an economic system where 1) A physical commodity (Gold) was the store of value, and 2) Debt was not easily accessible.
Neither of these are true anymore and inflation now will be a reflection of true scarcity of a good / service (e.g., housing) as opposed to the transaction costs associated with procuring it...
Neither of these are true anymore and inflation now will be a reflection of true scarcity of a good / service (e.g., housing) as opposed to the transaction costs associated with procuring it...