The CPI is literally a cherry-picked basket of goods, nothing less than deflation will lower prices, and compounding inflation means 1.6% is a massive number.
The fiat people are always so confused.
⚡️🇺🇸 NEW - David Sacks & JCal Spar Over Trump’s Economy
JCAL: “The American people are very disappointed in the Trump administration's first year when it comes to inflation and the economy.”
SACKS: “I don't understand how the numbers could be any better.”
https://blossom.primal.net/0851897afb7f745c01f900a07c7c0704f41d51f9be801d36d29e7da294709c35.mp4
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