is this the same inflation that's been elusive since 2008 crisis. The FED have tried to stimulate without luck. Printing money hasn't resulted in the inflation everyone was worried about and this is repeated with other advanced economies. You can't just make inflation, they have been trying unsuccessfully.The US federal government will not pay off its debts until a crisis comes along that is severe enough to threaten the government’s existence. When that situation happens, the government will pay down its debts through inflation. High inflation.