LOL if you have an everything bubble (including wages) would that not be the definition of inflation?
( or at least a super stimulus sugar high )
I think it will end up being a combo IMO, high inflation followed by muted sugar high crash (that’s “IF” TPTB allow it LOL). Or could just be more and more super stimulus until we adopt the Zimbabwean dollar as official US currency (just kidding sort of LOL).