Over the last 20 years, inflation has been subdued is this historically the norm?

2 min video — https://youtu.be/_tQqB_rPOCo

Inflation had been relatively stable 13 century until 16-century https://history.stackexchange.com/que... Following the discovery of gold in South America, inflation as measured by wheat prices (when priced in against silver) started to rise. Yes, inflation in the last 20 years has been subdued but given the huge amount of debt that governments have pumped into economies, will we see inflationary pressures rise? Some think this will not happen https://seekingalpha.com/article/4336... But the deflationary pressure caused by Western firms outsourcing manufacturing to Asia may have run its course. Also, will investors seek higher yields from property and bonds given the almost inevitable economic slowdown and repricing of assets that have accompanied this period of uncertainty?

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