Some would say it already has
Some would say it already has
Over the past hundred years or so inflation's averaged about 3% and stock indexes have averaged ten. Throw in dividends at 2% we end up w/ stocks returning 9% after inflation. Not only that, I can buy groceries w/ my brokerage debit card; gold coins in the basement are a lot harder to turn into food.
fwiw, over the past hundred years gold's yearly returns have been just one percent over inflation.