5%+ inflation rate, 0.25% interest rate.

The USA interest rate should be at least 2% right now. That would take the wind out of insane asset valuations.

Probably not. To me, this is the expected and inevitable final form of American style neoliberal capitalism. I don't believe guillotines or hard communism are necessary as a solution (although the former would certainly be cathartic) but all possible solutions must be socialist to some degree.

At the very least, the US needs to reassess its belief that free markets are a moral good, and effective government is a moral evil.