Thanks for all the replies!
As for the dollar, March to September 2009, the dollar's value fell 14.9% against the euro. The U.S. debt is rising to over $12 trillion. Remember, one of the ways a country gets out from under its debt burden is to devalue. (Note how Washington is quiet on the devaluation of the dollar.) But I don't think it will work now. We need that capital.
Many foreign central banks are rethinking the dollar’s status as the world’s premier reserve currency.
Historically speaking, the dollar is down 81% over the past 38 years and down 58% from 2001-2008.
I think foreign currency (and I'm thinking New Zealand, Australia, maybe Canada, and possibly a couple other countries) is a less risky place to hold money than the US Dollar.
Also, although TIPS does not reflect actual inflation numbers, I'm thinking 5 - 10% there.
Indpendentlypoor, thanks for a great post on politics. I have no interest in arguing politics here but I cannot ignore the impact Washington has on my money.