It's not manipulated, simply the anticipated inflation due to zero interest rates and QE has already happened. It has been confined to the top of the financial pyramid only in the form of the asset bubble however.
Eventually the inflation will leak to the Main Street, and that event will correct the asset prices by pricing them against the inflated goods in inflated dollars.
Eventually the inflation will leak to the Main Street, and that event will correct the asset prices by pricing them against the inflated goods in inflated dollars.