Is the Consumer Price Index Really Just an Inflation Index?

Siron: Is the c p i really just an inflation index, or is it a consumer price index where consumer prices could be moved by other factors that aren't inflation? Siron: In truth, you have to go back to before 19 55. But usually when the c p is went up, it had nothing to do with money printing or eccess currency. We're very much familiar the 19 seventies in the great inflation. And so we're kind of led to believe that any time the c pi accelerates, it's because of inflation, as you said before,. Printing too much money, currency devaluation, that kind of thing.