Inflation is likely to remain high for a while, and perhaps for good so the value of your USD will go down.
Rents and stuff rose 20% or so in the US which ought to be indicative of the real rate of inflation.
Euro seems to fare better so far but the ECB printed even more euros than the US printed dollars so I'm minimizing my own euro exposure.
Virtually 100% of my assets are USD denominated anyway, I keep very little savings, everything that I don't spend goes straightly to the stock portfolio.
So inflation and FX isn't really a concern for me, it's just a fact of life.
If you're keeping a decent investment portfolio in Europe, it's almost certainly mostly in USD.
