How to protect against inflation

All things decay; wealth is no different. When purchasing power rots away we call it inflation. It comes by stealth: you will not find mould growing on your ten pound note. But its value is slowly wasting away in your wallet. And not always so slowly. Inflation has a mutant cousin that can sweep away whole countries: hyperinflation. This usually benign force takes on extraordinarily destructive powers. So how can an investor protect their wealth from inflation? CPI or RPI? The first challenge is to identify the inflation target you are up against. Consumer price index (CPI) or re...