Gaius Publius — "Yes Virginia, all that money printing did show up as inflation"

"They" have already anticipated that. Assets don't "inflate," they "appreciate." Over-appreciation with respect to underlying value is a "bubble" rather than "inflation," and asset bubbles are self-correcting in markets.

It's all in getting the terminology right.

Actually, an intention of QE was for risky assets to appreciate, thereby creating a wealth effect that was supposed to increase spending and demand for goods and services, leading to increased investment and hiring. Didn't happen that way.

Hullabaloo
"Yes Virginia, all that money printing did show up as inflation"
Gaius Publius