Ha, ha, the answer is to save and invest? So that politicians can inflate away the value of your savings and/or just confiscate it as they have done in other countries?
Somebody please come up with a better answer than that!
“save and invest”
Your response only takes into account the ‘save’ part of that. There are many investments (stocks, real estate, etc.) that do quite well in an inflationary environment, so do the saving so you have money to invest wisely.
“Save and invest” in assets that are expensive and difficult to confiscate.
Invest in goods, not politician’s promises.
Buy a house: Rent it, the asset will make you money, and hold most of its value.
Buy stock: As the money inflates, the value in dollars will increase.
Buy Gold: As the money inflates, the value in dollars will increase.
Buy farmland: Rent it, the asset will make you money and hold most of its value.
Diversify: Politicians are unlikely to break all their promises at once. As they move up on breaking one or the other, you can decrease your holdings in one type of asset and increase your holdings in another.