Steady Inflation

Steady Inflation is the process of massive money "creation" with an almost equal amount of debt destruction.  In the case of current US finance, the Fed is printing a little more money than what is being destroyed on the open market.  The little amount that is the difference is the inflation.  It has been 10% for the last two years YoY and is now approaching 20%.  This has been absorbed by precious metals and oil.  That is the price gain you see.