You may be able to get a house at a cheap rate, but you will pay for it with rising food and base metal inflation and energy inflation,
Yes of course CPI is not going anywhere fast, its called a margin squeeze and a liquidity trap. But the CPI is mostly service prices, the Fed will have a heck of time getting inflation up like they are trying because technology is deflationary. The jobs arent coming back and the UBI payments will crash the currency, not because of those themselves, but because of 40 years of fiscal policy.
The party is over folks sorry to break it to you, China trapped us, and they didnt even have to do the anything, more like we trapped oursevles and now China is like, yes, lets go ahead and and start allowing our currency to rise (cheaper to import) and will use those 800b in Treasuries to force the central banks hand at our most vulnerable moments.