I expect real inflation to average, with peaks and troughs, 10-15% per year over the next 10 years. What a “peak” could look like, and what might happen if public confidence completely collapses, is anybody’s guess. Can the Govt maintain the facade and keep general “confidence?”
General productivity gains in the economy may help somewhat reduce the impact of inflation, but otherwise, only through constant and high inflation can the Govt reduce its massive debt and reduce the burden of the massive unfunded liabilities of Soc. Sec. etc... that are looming. Remember, inflation is a tax - so your taxes will be rising regardless!
It won't touch the unfunded liabilities because those will be increased with cost of living adjustments and increased payments to doctors to keep them accepting Medicare. Just think of grandma and grandpa compaining that their billion dollar SS check not covering their bills with gasoline over five million dollars a gallon and you can't go out to dinner for less than ten million each.