How to fight inflation and why fixed debt is good

It seems like the government can't stop printing money to try to get us out of this economic depression. Based on how much debt our country we must prepare ourselves for inflation and double digit interest rates. Since eventually China could start dumping their dollar holdings (they already are investing in commodities) either the dollar will tank or our government will be forced to raise interest rates to try to pay back the deficit and prop up the dollar. Either way taking on fixed debt now at low interest rates is a smart investment...you can pay back your debt with worthless dollars in the future. By saving your cash, you can invest in assets that are forecasted to appreciate...silver, gold, oil, or emerging markets such as Brazil. By investing through an ETF you can also quickly liquidate your assets and raise capital if need be rather than trying to pull your capital out of your equipment assets or real estate. If do decide to hedge a portion of your assets in commodities make sure you are aware of different capital gains tax implications by holding physical gold or the ETF GLD.