I don't follow how CDs, FDIC insured or not, wouldn't be affected by inflation in exactly the same way cash would be. Say you buy a $10 CD that pays 10% after

I don't follow how CDs, FDIC insured or not, wouldn't be affected by inflation in exactly the same way cash would be. Say you buy a $10 CD that pays 10% after 12 months. Within that year, the dollar is devalued by 50%, but your CD still only pays out $11, even though you'd need $22 to have the same purchasing power.