How can anyone in their right mind not see inflation as being a problem?

I don’t know what the agreed fundamental definition of hyperinflation is, but all the writing on the wall points to inflation being here and being a problem for quite some time. What do you think the Fed is doing when they cut rates, increase the money supply and encourage a stimulus package???

Deflation? I don’t buy it, but would love to hear why I’m wrong.

Stagflation? Sounds like a strong possiblity.

If anyone can reasonably say why gold is not and will not be a major force in the next 3-5 years I’d love to hear your views too.