There is ZERO chance of price inflation happening in the USA because of supply/demand issues.
The middle class has been massively hurt by the nonsense of monetary policy in the US, given that there has been no fiscal policy to rebuild the collapsing infrastructure.
70,000 bridges are classed as dangerous, the roads are falling apart; the country has the slowest railway system in the world, and entire cities like Detroit are being vacated because they are bankrupt.
The middle class has been neutered (balls cut off), and so there can be no demand side economic recovery.
There will be inflationary shocks; but these will be driven by asset class bubbles such as the housing market, the stock market etc - neither of which have done or will ever do anything for the underlying economy.
Eventually, the US will increase interest rates. This will totally fark the stock market and housing bubbles, and it will send the US$ thru the roof; screwing even further the large corporate sector.
The only smart thing for an American to do is to leave the country, and seek citizen in another country.
Please don't come to Australia.
Copy from FF