Inflation is increasing prices and a fall in the purchasing value of money. Banks and governments make inflation sound complicated as it serves their interest. It’s a hidden tax. Government-created inflation weakens the value of the currency, our money buys less. As evidenced by the recent debt ceiling farce, politicians have no interest in fiscal sanity or balancing the budget. While many predict the demise of the dollar, and much of the world is assisting in the erosion of the USD as the world currency, there are other factors. Urs Vrijhof-Droese is the Managing Partner of WHVP, international asset managers. Urs, an expert in international banking is based in Zurich. I’m a WHVP client. His recent article, The Swiss View – Cash is King got my attention.