I think that the rates are low and the “protection” is a joke. It’s based on WHOSE inflation numbers ??
What do they pay today ??

The official inflation numbers don’t include the most important major expenses. The below article from a year ago explains it well.

http://www.mises.org/story/2302

It depends on how much money you are trying to hedge.
We live, work, spend and breathe US DOLLARS.

For most people, earning a few more dollars will allow them to maintain their lifestyle. Not everything goes up.

Getting over 5% on FDIC insured cash and having some liquidity today is what people should be doing, and living beneath their means instead of above their means.

We aren’t talking about 3rd world hyper inflation, where prices are increasing daily. US govt will print/create do whatever they have to to keep that from happening.