There's something to be said for having some cash, despite inflation. Obviously you want enough to cover short-term emergency situations. But beyond that, the advantage of cash is that it's liquid AF and having a stockpile can enable you to take advantage of opportunities that you might not be able to seize if you don't have cash on hand.

No, you don't want your entire "life savings" in cash stored in pillow-cases under the bed, but you do want enough cash where the value of "enough" varies depending your circumstances.