Something Everbank's Chuck Butler wrote in Friday morning's "Daily Pfennig" column set me to thinking. "Inflation," he wrote, "is rising, and so is the price of Gold."

I'm convinced that inflation is like wool pulled over the eyes of most Americans. They don't understand how it pilfers their pocketbooks, bank accounts, savings, investments, lifestyles, and future well being...and they don't understand that the Fed and the government are shameless wool pullers.

Thankfully, the wool becomes threadbare at a certain point of awareness. The old saying that "Everyone talks about the weather, but no one does anything about it," does not apply to inflation. And I hope our "talk" leads to the awareness that there's plenty you can do before rising inflation morphs into hyperinflation.

Here are some thoughts that I first sent to family and friends, and after one of them wrote back saying he "LUVED" my comments, I decided to share them via TalkMarkets.

Inflation leaches wealth from tax-paying, working Americans.

Inflation masquerades as growth of Gross Domestic Product, and is loved by central banks, governments, and economists.

Inflation enables governments to spend, to waste, to become indebted, and to reduce debt with cheaper dollars.

Inflation is just another way of saying, "Unsound money."

Inflation is just another way of saying "Dollar Destruction."

Inflation is the resident fox...in the hen house.

Inflation is just another way of saying, "Everything costs more these days."

Inflation is just another way of saying, "I don't know why I can't make ends meet anymore."

Inflation is just another way of saying, "Paycheck (income) shrinkage."

Inflation means "Reduced standard of living."

Inflation means that gold is the standard by which dollars are judged and are found to be a less desirable medium of exchange.

Inflation means that we need to be aware that currency is not money.

Inflation reveals that gold (and silver) are money, and that the fiat dollar is merely currency -- a government mandated medium of exchange.

Inflation means dollars will buy less gold, silver...and everything else.

Inflation means that using depreciating dollars to buy appreciating gold and silver is good business.

Inflation means that savings in gold and silver will rise in value.

Inflation means that savings in dollars (and dollar-denominated instruments) will lose value.

Inflation means that owning physical gold and silver preserves your purchasing power.

Inflation means that gold and silver act as hedges against losses resulting from central bank and government policy.

Inflation means that as more and more dollars are printed, the less valuable they become.

Inflation means that the more physical gold and silver you purchase and take out of the market, the scarcer, and the more valuable, they become.

Inflation means that over time, savings held in gold and silver, will, through appreciation, allow you to pay off paper dollar debt with far fewer gold and silver dollars.