Economy

In fact, there is huge inflation in the stock markets. Corporations, largely with money borrowed at very low rates, bought back $2 trillion in their own shares, thereby driving up the prices. Practically free money then drove up share prices to levels not seen since the last bubbles.
Here is the important point: the higher prices of stocks may make the total valuation of stocks trillions of dollars higher. But one carpenter or factory worker creates more actual new wealth every day than all of the high-priced stocks in the world. The problem is, it is easier to make money if you forget about creating wealth and just play in the financial sector.
Inflation is more money chasing the same amount of goods and services. Most people believe that increasing the money supply is inflationary. In fact, the money supply must grow for the economy to grow.
However, if you increase the money supply to match the increase in production of goods and services, this is not inflationary