Preaching to the converted here. But there WAS at least one real asset that beat inflation during this period, and moreover was very highly correlated to monthly inflation. In the 'website' link below I've put a link to the chart which shows the 3-year performance vs lots of other exchange-traded 'real assets' strategies. https://inflationguy.blog/wp-content/uploads/2025/02/EUSITlast3y.jpg