Hyperinflation in upper and middle regions.

We have to give credit to the FED for how it is preventing inflation at the general population level. If you are a wage earner at the mid to lower end of the scale, your wages are stagnant, your taxes are increasing and you do not have a lot of leeway in making ends meet. As long as you refrain from eating meat, you can survive.

For now the FED is buying up Treasuries, keeping gold prices low and having the banks maintain a large reserve. In addition, stock prices are skyrocketing (soaking up a lot of extra currency). Has the FED figured out how to live off printing money?

Not really. Other nations are getting restless as the FED is inflating its holdings. What the FED is doing is trading in the future for propping up the present. If printing money would be a good way to increase a nation's wealth, Zimbabwe would be a rich country.

In fact, the country has entered hyperinflation. So far, this hyperinflation is showing in stock prices and the art works. Prices for the latter have increased over 100% in a year. So, the wealthy are scrambling to protect themselves against a depreciating currency.

There is an ominous undertone to Homeland Security buying ammunition by the ton. They are preparing for the population taking to the street.