The CPI is one of the most rigged metrics in history, adjusted to fit policy needs rather than reflect reality.
When essentials like meat and eggs hit record highs, the solution isn’t addressing inflation — it’s quietly reducing their weight in the basket.
Eat sludge, peasant.
Carl I agree, what’s your view on true inflation? Or is growth in money supply the best proxy?
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I think the growth in money supply is the best indicator of inflation. I do wonder if all the money creation ends up in the charts. Nowadays they're very creative and I think not all of the money creation ends up in the charts.
