100%. I was just explaining this to my Dad. The ONLY way for the US to get out from under their debt is to debase the unit of debt. They have the power to do this and therefore it is a certainty.
The Fed is trying their absolute hardest to fake like a higher rate environment is the “new norm” but it’s just a brief deviation from the long-term trend. They will continue to syphon all of the remaining value from the USD via debasement. It’s going to be a bloodbath.