[kolinko]

You can buy government bonds - very little risk involved in terms of price change, and your money is safe from a bank collapse then - that is, even if the bank fails, they just forward all your bonds to a different bank.

Also, if you're under the insurance limit, you're safe. If bank insurers fail because too many banks fail, then the currency won't be worth paper it's printed on anyway.

[ksherlock]

If you hold them to duration government bonds are fine. If you buy them, then interest rates go up, then you need to sell them ... well, SVB did that and now we're here talking about how NOT to do that.

[hd95489]

That’s why your buy low duration. Payroll doesn’t just suddenly happen you can plan for these things

[armchairhacker]

IIRC government bonds are the "safest" option. Because the only way you lose them is if the US government collapses; and even if you think this could happen, if the US government does collapse, you have much bigger issues and also can expect every other currency to collapse as well (including Bitcoin/crypto, because most people will simply not accept it)

[przeor]

How come, maybe they just stop printing new dollars when the govt collapse?

USD can exsist without govt. It can't exsist without army behind the paper , at least on paper.

[kolinko]

There were multiple cases in history when governments failed, I think their currencies never survived this. Hyperinflation in such situations tends to devalue money so much that it's not worth the paper it's printed on.