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…