The ongoing war in Iran has led to a significant increase in energy prices and a broad-based rise in producer costs and consumer prices. Latest CPI figures show a 3.8% increase in consumer prices, quite a bit Summary - Inflation is increasing once more. Rates could follow. - Cash would perform quite well during a rising rates scenario, seeing higher yields, and minimal price movements or losses. - I'll be giving a quick rundown on three strong cash ETFs in this article. - ETFs include a simple T-bills index ETF, one generating a little bit more in income without a significant increase in risk, and one potentially tax-advantaged. - This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.