It will definitely trickle down to the real economy, just like it did 2009 - 2019.

During that time they managed to keep a lid on food prices, gas prices, and some services, but literally *everything else* skyrocketed: houses, student loans, new cars, new phones, utilities, phone bills, health insurance, etc. And that was all during a period of global deflation!

You can't have all those things skyrocketing while people's salaries remain stagnant over the same period. That's inflation (actually stagflation) and that's why people feel poorer and poorer over time.

It's going to be even worse over the next decade. MUCH worse.