There's no other place to park cash right now. Central banks have zero and some negative interest rates. Having cash on bank is very expensive so the stock market is the new bank.
Commodities is a good place to be. This war does not look like it's going to end. You can expect high commodity prices as long as it continues.
What happens in 80 years when milk is $34 a gallon?
Milk was $0.14/gallon 80 years ago[1] ($.13/gallon 81 years ago), and $3.77/gallon last year[2].
$34/gallon in 80 years would seem to represent a slowdown of inflation.
[1] https://www.lmtonline.com/lifestyles/article/Milk-went-for-1... [2] https://www.ams.usda.gov/sites/default/files/media/2021Retai...