The problem starts with government. No one in leadership among any of the parties has shown any real concern for debt and have been loading up one debt for deca

The problem starts with government. No one in leadership among any of the parties has shown any real concern for debt and have been loading up one debt for decades. The only politically acceptable solution to that debt is to slowly inflate it away. Any other solution will be divisive. So the government loads up on debt and inflates it away, keeping interest rates lower for longer than they should. Then it filters down to corporations and individuals. Interest rates are low and debt requirements are lax, and if you aren’t willing to take on debt, you will be outbid by someone who is. I expect deflation in the near term, and tremendous inflation in the long term.