My two cents: it would help to say "price inflation" or "monetary inflation" instead of just "inflation".  Apparently, the meaning of the bare word has been shifting over the past decades, and the resulting miscommunication has led to all sorts of unnecessary flame wars in the past.  This link was posted in an older thread, and I thought it was quite an interesting read:

http://www.clevelandfed.org/research/commentary/1997/1015.pdf

I always though "inflation" meant "price inflation" and everyone else agreed.  While I understand that that's true nowadays for most people (except for the goldbugs and the libertarians), I was surprised to learn that historically, that hasn't always been the case.