Des Imoto マキシ on Nostr: Your thesis regarding what CPI is, is wrong. Like the name suggests, the CPI measures ...

Your thesis regarding what CPI is, is wrong. Like the name suggests, the CPI measures price increases (even though manipulated). Thus completely useless data. Price increases are the trickle down, delayed effects of inflation. Inflating the money supply that is. Which, in a debt based system is debt. Total debt, including federal, state and local, business and private debt. Currently $80 trillion in the US. The purchasing power of #Bitcoin imho is currently more of a function of adoption. Unfortunately the exchange rate vs the USD is also heavily manipulated ever since the Government/Wall Street got involved. And they are slushing it around between the USD/Futures and ETFs, Strategic Reserves, Corporations, seized Bitcoin etc.