Inflation..... Where's it gone? Or is it coming?

Supposedly when the government print money and world governments are doing it at an unprecedented rate around the world. That is supposedly a dead set historical precursor for inflation.

So where is it?


Has it manifested itself solely in the share, crypto and property markets? Are we in for a shock stop of unknown and possibly gargantuan proportions?

Or is this current phase of paradoxical financial markets something to do with crypto beginning to threaten the existence of central banks?

I know labour costs are down, is that something to do with the rise of pending automation?


Makes no sense to my limited understanding of the financial world.