The CPI Measurement Has Changed Over the Last 50 Years

A lot of people say that the CPI measure is fraudulent or it's inaccurate, compared to what? Right. If they're measuring something, are they lying on their measurements? They're probably not. But I would say, given how government is like Swiss cheese, if there's bad information, it's eventually going to get out. The old measurement says prior to the inflation going up, it was right around 8%, and now it's 17% or 16%. So it's still an increase of approximately the same amount. Don't just take a number and just say, oh, this is the number. Understand where it's coming from, what it describes.