interest rates have been falling for over 700 years [1]. I wouldn't bet against that over a single unprecedented year
1. https://www.bankofengland.co.uk/working-paper/2020/eight-cen...
1. https://www.bankofengland.co.uk/working-paper/2020/eight-cen...
Of course worse inflationary crises have happened in Western history and while they returned on a large enough time scale that really didn’t matter all to much for all the poor citizens for whom their hard earned wealth was nukes from orbit.