National Debt ballooning

In this chart, you can see that from 1980 when Reagan came into office to 1992 when Bush I left, the debt went from $1 trillion to $4 trillion. I clearly remember that there was much louder discussion about the importance of the deficit in the early 90s as well; today it is well below the level of reports about the teen drowned in Aruba. Since 2000 when Bush II came into the white house, the debt went from $5.5trillion to $8 trillion. This is a crazy amount of money, and this seem to guarantee that the U.S. will have to enter into a period of rapid inflation so that the value of the money owed becomes proportionally less. Otherwise, there will be a $27,000 per capita debt in 2005 dollars.