Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.
To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names Keynesian inflationism, interventionism, and corporatism.
Notwithstanding all the passionate fulminations of the spokesmen of governments, the inevitable consequences of inflationism and expansionism. . . are coming to pass. And then, very late indeed, even simple people will discover that Keynes did not teach us how to perform the 'miracle. . . of turning a stone into bread,' but the not at all miraculous procedure of eating the seed corn.