[ceejayoz]

> if you held dollars in your savings account from Jan 2009 to now...

... I would be a doofus. That's where my emergency fund goes, but that's it.

> From Jan 2019 to now we've had 17.4% inflation. Your purchasing power of the money in your bank account has been reduced. How have other assets faired in that time?

My home value has tripled, and the S&P500 has gone dramatically up. Series I savings bonds are also a useful option if I'm really all that worried about the stuff in savings, as their interest rate is pegged to inflation numbers.

If we're going to carefully pick dates to make our arguments ("Jan 2019 to now" having had some... outlier stuff going on, after all) I'm gonna ask how hedging with crypto starting in April or October of 2021 would've gone. Remind me the purchasing power of a $64k Bitcoin today?

[wustangdan]

Well sorry but you confused me as my main issue was with USD and I believed you thought that USD had "not all that much of consequence" happening to its value. But it seems we are mostly in agreement.

I'm happy you have a home and own some SP500 to offset USD destruction. Not everyone is so fortunate to have access to those markets. I would suggest you look into crypto as part of your hedge against bad USG behavior because it has some nice properties that could uncorrelate it with those assets if things get nasty (90% tax rates, etc).