Pretty much BPI = CPI/BTC Price. I'm noob too, and definitely not an economics person, at least by profession.
My understanding is that although CPI doesn't have a unit, dividing it by the price of BTC works because it gives the amount of BTC needed to achieve the same purchasing power represented by the CPI.
Rhydian555 / Rhydian the Red
npub14k…c2fye
2024-08-21 02:56:13 UTC
in reply to nevent1q…h3c4
Author Public Key
npub14kxevcxxwhfm8gt0c9yycyp8s2agxu9wt72wch7zkfz23j9q5kys6c2fyeSeen on
wss://nostr.winePublished at
2024-08-21 02:56:13 UTCEvent JSON
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