We do not have general prices rises, in general

This is the Obamacare premium hikes over fours years, about twice the rate of the implicit deflator.

Housing is about 4.5% a year, three times the implicit.  Hence the rest of the consumables are in general deflation.  The current banking system does not cause inflation except on generational regime changes.

What happens is a reversion to mean, the distribution goes back to a well rounded distribution.  Then the true inflationary costs of the 40 year monetary cycle are discovered, and marked to market.

I would worry about coordination failure, especially since my blogged is masked from the politicians and they remain clueless. However the central bankers are getting clues very fast and we have to rely on them to explain it to the politicians.