Replying to Avatar Economista Austriaco

• Inflation is not rising prices.

Inflation is the increase of the money supply. CPI only measures the symptoms, not the cause.

• CPI is manipulated.

The basket changes, “quality adjustments” are added, and inconvenient items get excluded. Its purpose is to make inflation look lower.

• It doesn’t reflect real life.

While CPI says “3%,” your rent, food, and healthcare rise far more. CPI smooths out the loss of purchasing power.

• It’s a political tool.

CPI is used to justify more money printing and more debt, not to inform the public.

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Joel Walbert 2mo ago

Ah cool, you're one of the maybe 7 people in the world who knows what inflation actually means 😅🫡

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