"Saving" is bullshit, what good is your saving $1000 when rampant inflation might mean you can buy 2 loaves of bread with it. I have a currency bill of $100,000,000,000 Zimbabwe dollars I picked up in souvenir shop while traveling for $2 USD.
If you believe depression or hyper-inflation is coming, convert your savings to something tangible that will always be valued, that could be traded or bartered when 'money' is worth less than toilet paper. I'm not talking about stocks and bonds, what use are numbers on a spread sheet if your broker or banker no longer answers the phone?
Bond interest rates haven't kept up with inflation for awhile now, but if a well-diversified stock portfolio becomes illiquid...you don't need savings, you need ammo and MREs because the apocalypse has arrived.
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