Everyone knows the Fed cannot continue to buy assets indefinitely; yet, it’s difficult to picture a world where the Fed does not buy assets indefinitely. The effects on various markets, such as stock, bonds, or housing seem unfathomable.
The only way inflation could be defeated would be if periods of “negative inflation” existed. Unfortunately, this rare occurrence has only been for negligible amounts. It’s fair to say anyone alive today has only experienced perpetual price increases their entire lives.