[arthurus]

Ultimately the government will inflate its way out of all its liabilities. It will work wonders for the government but will impoverish any Americans on fixed incomes and will hurt everyone else,too as the economy tries to cope and anticipate. Everyone will get poorer with more dollars.

[america4vr]

You are absolutely correct. Inflation has historically always benefited the lender allowing repayment of the principal and interest with increasingly devalued currency. But the sound financial underpinnings and continuous upward trend of the dynamic economy the US had always been able to generate always made up for this inequity.

But now, I would advise against looking into the rear view mirror as the whatever it is we've been running away from is looming larger and more ominous every moment.