The FED has been printing money for the financial sector since the collapse in 2008...and it worked for a while...
Stocks soared...
But Credit and Cash have been withheld from the Real Economy...which would have caused REAL ECONOMY INFLATION...
Now suddenly...the hermetically sealed cash in the investment sector is not working as well...
You can only inflate the asset sector so far...before the non-participation of the real sector...puts a cap on the inflation...
The FED held on inflation in the paper asset sector... but the real economy...including the real estate sector did not have the ability to participate...
That is ending now... you can not inflate one aspect of the economy...and seal off the real economy from the inflation...
All the FED cash is trash now...stuck in the Wall Street banks with no place to go... Perhaps its a liquidity trap on a global scale....
The FED has been coddling the investment sector...and bashing the real economy for a generation... And that can not go on forever...
Because the real economy and the asset economy must "connect" at some point.