oliva, the entire world is engaging in currency inflation right now; the U.S just happens be coming down from a period of deflation.
Still, vant's correct, inflation will never be a huge problem in the U.S. because we are not a commoditites based economy. China on the otherhand, which had about a 60 point year-on-year inflation this year, is very much commodities based. We're more stock oriented and only had about a 20(?) point year-on-year inflation.