Defense against inflation?
It's looking quite likely that we're facing even more inflation down the road, although the degree of it is hard to predict. Just wondering how other people here are preparing for this, if at all?
Our own preparations have involved keeping out of debt as much as possible. We bought a new house as mentioned in another thread, but we paid for half of it as a downpayment, and bought a relatively inexpensive house below what we could afford, we don't have car payments because we bought a used vehicle and have been maintaining it, and we have no other debt. We've been trying to save money as well, but if we face inflation, then the value of those savings starts to decrease in purchasing power, so unsure if that's the best way to handle that extra money.