Report Peter Schiff: Inflation is running at 20% a year in the U.S. in House prices and the economy Posted Monday at 08:51 PM Isn't it really empty shelves instead of inflation? Everything bubble has been replaced with everything unavailable. Bit like Soviet end times. The market was so rigged, there just wasn't anything to buy. So in theory cheap but in practice unavailable. Not really inflation except in raw materials like Steel and timber. Stuff is just disappearing.