"Sooner than later"? Give me a break. People have been panicked about the sky falling on those two fronts -- interest rates and inflation -- at least since 2008, i.e., for over six years now. Yet, it's all blue sky out there.
It's the same recalcitrant crowd that's been into nonsensical stuff like the gold standard, bit coins, commodities, balance-the-budget-at-any-cost, get-rid-of-the-Fed, etc.
At what point do they wake up realize that they've been utterly, totally out to lunch?!
I (boldly) predict that the stock market will actually rise if interest rates and inflation rates go up (as it did when the 10-year rate went from 2.5% to 3.0% a few months ago, and the market did,..... guess what.... it went up.). Why? Because it will signal the fact that robust long-term growth has returned.