The thing is that you can't protect your emergency funds against inflation. The point of emergency funds is that you have them readily available -- not to inves

The thing is that you can't protect your emergency funds against inflation. The point of emergency funds is that you have them readily available -- not to invest them. If inflation eats your emergency fund then you increase the size of your emergency fund to compensate for it. It's kinda like paying for IT security; with luck it'll just be a cost that you never see any benefit from. If not, you'll be glad you have them.