I am definitely no expert. I am lousy at predicting things. If I do get it right, I am usually way too early.

That said I see two potential directions. Or maybe more likely some conbination thereof.

1. Let the market set interest rates. Interest rates will need to go up to attract capital to buy the debt.

2. Let the printing presses roll. This is likely Trump's solution with 1% Fed supported interest rates. 1% is NOT what the market with a lot of foreign debt holder will demand. Inflation will be like the late 60's into the 70's. Real assets will reflect it.

If I had to guess I would guess in the next 10 years we will get the worst of both worlds, some at the same time and some bouncing like a pool ball off the rails after a wild hard shot.

But I have been mostly wrong for over 20 years, although gold and silver is not looking too bad at the moment. Good enough at 71 I have been converting a few percent the last couple months into fiat cash, enough to hold us over for quite a few years. So I am hedging my bets understanding that I am often wrong.Or in the case of gold and silver, many years early.