The recent surge in inflation, after decades of moderating price increases, has been one of the major financial stories in the post-Covid era. As prices have risen, investors have been forced to consider the implications for their investment strategies. In this article you can learn more about how whilst certain assets may do a good job of preserving purchasing power over the long-term, they may be ineffectual at protecting against the short-term re-rating of risk assets or discount rates that often accompanies unexpected spikes in inflation.