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Is CPI Really a Bad Thing?
CPI has been defined almost, almost specifically cherry picked to define and define in such a way that there will never be any inflation. So when you say it's been a hideous metric, you're specifically talking about CPI. You're saying CPI is just not something that can actually measure what that what in the world's going on right now. I'd say it's a metaphysical metric. It has no relation to reality. But of course, in order to really understand store of value, you have to first go to first principles.