They are terrible neighbors and devalue property values.  

In the last couple of years, most of the airlines and hotels have devalued their loyalty programs, making such insane award redemptions even more difficult.

@Mike Lambert if you had invested in Mexican debt in 1994 you'd have experience your money being hugely devalued.

Add to that all this money printing which will de-value the dollar and drive up cost of goods, which will make everything more expensive. 

Now, I keep imagining a 15 year old kid that had been saving his part-time work paychecks to buy a car, finally almost got there, and then the government dumped trillions into the economy devaluing his savings, and now that car has doubled in price. 

Why would a country want to DEvalue their currency you say?

No, but it will devalue it by about 22%, which is the amount of new cash the government has injected into the US economy since the beginning of Covid.In the meantime, it's a great time to own assets, which 'should' appreciate due to the new cash pumped in.Have you thought about parking your cash reserves in TIPS or some other form of liquid inflation protected asset?

Each year inflation hits and that money is trapped and devalued year over year if you are not doing anything with it.

Biflation is going to be our reality as investors - asset devaluation, expense inflation.

Maybe this won't happen because all other major super power are devaluing their currency by taking on more debt just like the USA?