The chapter delves into the intricacies of inflation calculations and the impact of falling natural gas prices on rental calculations, alongside discussing the relationship between gold, digital gold like Bitcoin, and potential risks associated with leveraged positions. It explores differences between headline and core inflation indicators, introduces the concept of 'trueflation,' and highlights discrepancies in inflation rates from private sector components compared to the Fed's stance. The conversation extends to potential conflict escalation between the United States and China, discussing trade restrictions, supply chain disruptions, and China's efforts to move up the value chain amid competitive dynamics with regions like Europe.