GM. Very good points. We can only approximate, because even with the best calculation, every household has its own consumption preferences. Do you know the organization 'truflation'? They have developed a very good way of calculating inflation. You can find it under this name on X

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Yea, I've seem 'em around. It's better than CPI. Nothing's really perfect since gold has been demonetized, and that was only ever really as good as could be hoped for.

As BTC grows its base of economic activity its price relative to USD will approach a good measure but its far too small as of yet.