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Trust me, we're nowhere near inflation risk. The US is still in the middle of deleveraging $trillions in bad housing debt. The deflationary pressures will stick with us for years, if not decades, depending on how much money the government continues to waste trying to prop up a falling housing market.

While I think cash is definitely safer than stocks, you could make pretty good money investing in US treasury bonds or other "safe" investments, if you're worried about getting a better return than 1% or whatever the banks are paying for CDs right now.



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