No, not at all. If that were true, Ipods, Mustangs and Imprezas would be free.
Supply and demand will continue to be market forces, and the speed of transactions can always increase. If you’ll notice, the housing slowdown (sales) and the credit crunch keeping people from buying has hurt prices despite the massive increases in the money supply.
You’re oversimplifying it…which should be a good thing, but our monetary system has become pretty complex.