hoarding cash is just about useless if you fear rampant inflation. Ideally you want to convert cash into something that has ‘intrinsic’ value, i.e. something that will increase accordingly with inflation. Gold is probably in a bubble right now, and investing in foreign stocks isn’t really better than investing in domestic ones. At worst it’ll probably be like the 1980’s again in terms of inflation, I seriously doubt we’re gonna hit zimbabwe-territory.
Hope you’re right, but in the ‘80’s we weren’t buying our own debt.