> Inflation adjusted nothing the government is selling is earning other than I-bonds (individual yearly buy limit of $15K). Inflation-indexed long term US trea

> Inflation adjusted nothing the government is selling is earning other than I-bonds (individual yearly buy limit of $15K). Inflation-indexed long term US treasuries are now earning positive rates of interest. See https://fred.stlouisfed.org/series/DFII30 https://fred.stlouisfed.org/series/DFII30 -- it's not necessarily a high rate (currently 1.74% after inflation with a 30-year term), but when you have millions or billions to invest, it's certainly not nothing. > (CPI doesn't include energy directly, but it feeds back in). CPI does directly include energy, including gas [1]. You may be thinking of "core CPI" which excludes energy and food prices. [1] https://www.bls.gov/news.release/cpi.nr0.htm https://www.bls.gov/news.release/cpi.nr0.htm