I agree. I've been forecasting rampant inflation once the politicians in power are too young to personally remember the grief and chaos it caused last time around.
And all the signs are present.
There are still opportunities to get reasonable returns, but, you have to consider that the higher the return the higher the likely risk.
You can get 4-5% with peer-to-peer loans, and offshore banks can give better returns.
I have had some cash in banks in Asia which is currently getting almost 10% interest. The 'risk' is that the government is potentially 'unstable' and anything can change at any time.
Like anything - don't invest what you cannot afford to lose.