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I’m losing money by keeping it in a savings account.

You are losing in real terms but not nominal

But this depends on your consumer preferences and cost of living. You are only losing 7%/year in CPI is your expenses are concentrated in food, energy , or used cars.

High inflation is tough because it means everyone loses in real terms. Nowhere to hide.

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What about assets? At least if the asset prices go up you can recoup.

Asset prices go down when interest rates go up. Equities, real estate, even bonds (refer to bond funds getting decimated over the last year). Safe havens are cash or paying down debt with an interest rate over inflation.

(not investing advice, educational purposes only)

Is there precedent for being sued for giving unlicensed investing advice in an anonymous, two-sentence Web forum comment?

> … paying down debt with an interest rate over inflation.

In a stagflation scenario though, wouldn’t paying down debt on any vehicle carrying a rate over what you can yield on the market still net out better for you overall?

Short answer, likely. Long answer, it depends.

The thing about inflation and higher interest rates is that only successful businesses that actually have inflation adjusted revenue streams benefit. Not any random company.

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