In another thread we were discussing the potential for oil prices increasing dramatically.  Along with that the question was asked "What should I do to prepare for inflation?"  I think most of us will agree it is just a matter of time until we experience significant inflation here in the US.  In fact, some items like good used farm equipment seems to be experiencing some significant price increases already. 

What specific measures would you recommend someone take to protect their farming operation from the inflationary times we are going to see?   Would like to hear some ideas as to steps a person can take to prepare for higher interest rates and inflation.