As it did in the late 1970’s-Early 1980’s, hyperinflation will work in the favor of debtors, who are obligated to repay fixed-rate mortgages and other credit. This will conversely, draw the balance sheets of creditors (consumer banks) down. So far, we’ve only seen deflation (which may the bank’s, and the government’s, last hope).
Obama might be the last U.S. president.