Are "inflation-linked bonds" a good investment in this economy?

I’ve changed some allocations in my retirement fund. The stocks were tanking.

I think this may be an interesting idea. Picked some TIPS last week.

I am anticipating that inflation will soar over the next 1-2 years.

TIPS = Treasury Inflation-Protected Securities

I would not put all my money in it however. Just part of an over all well managed portfolio.