Q. I assume a high inflation rate is in our near future, based on the high amount of money being printed. I also assume the economy could go into a greater depression when all the corresponding actions take place — high inflation, high interest rates, market crash, possible dollar collapse. Is the G Fund going to be safe through all of this? With it being a government-backed bond, what if the government defaults on all debt and can no longer borrow to keep the economy from collapsing? Is any money in the Thrift Savings Plan safe? Basically, can I move everything to the G Fund and be safe through the upcoming collapse?
A. In the event of a catastrophic collapse of our economy, society and government, nothing is safe.
