Excellent post and I pretty much agree with all you said.
Technological progress and economic growth in general are keys to keeping inflation and interest rates low.
Look at the hyperinflations in Zimbabwe and Venezuela. They followed economic collapse.
"As a result of the persistently large deficits, federal debt held by the public is projected to rise to $31.4 trillion at the end of 2030, an amount equal to 98 percent of" our nation's entire GDP. That means our entire economy.
Y'know, because there will be NO GROWTH in the economy in the next TEN YEARS. /s Get the hook.
What LS and Moonman62 said.