Where is all the inflation that financial genius types like Peter Schiff promised?

I own inflation bonds which are in the toilet.
My house price keeps dropping.
The CPI is still hovering near a Zero increase.
Interest rates can't go any lower and prices keep falling or staying the same.

Was all this hysteria about inflation just more political mouth foaming from the right wing?
Should Mr. Schiff go back to selling gold trinkets at the flea market?
 
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