My understanding is inflation is scariest when you approach retirement. At this point, you should divest from high-risk investments, and relying on low-risk cash flow vehicles (bonds, HYSA, dividend stocks, etc.).
But low-risk blows up in your face if inflation jumps.
The primary goal isn't money. It is being able to live a comfortable lifestyle in the area that I want to live in and receive the healthcare that I want to receive. Money helps you achieve that goal.
In the case of the Amish, I'd imagine they have similar ideas about their future. They want to continue living as they have been living and carefully introducing modern technologies into their culture.
But low-risk blows up in your face if inflation jumps.
The primary goal isn't money. It is being able to live a comfortable lifestyle in the area that I want to live in and receive the healthcare that I want to receive. Money helps you achieve that goal.
In the case of the Amish, I'd imagine they have similar ideas about their future. They want to continue living as they have been living and carefully introducing modern technologies into their culture.