MrLukeLukasson on Nostr: CPI is utter bs. Just got back from my hairdresser. She was nervous because she had ...

CPI is utter bs.

Just got back from my hairdresser.

She was nervous because she had to increase prices.

But she could *not not* do either.

Worked too many hours already.

Suppliers increased their prices.

Guess by how much?

That’s right.

40% over the years, not ~7-10%

40%.

This number keeps showing up over and over again when talking to real people working in all sorts of industries.

By how much was the money supply increased?

Yep. Roughly 40%.

Why do they keep telling us CPI is only ~3-10%?

This is why we study #Bitcoin