jobstr on Nostr: "so what's the real inflation rate? it's a vector right it's not a scalar a scalar is ...

"so what's the real inflation rate? it's a vector right it's not a scalar a scalar is like two percent, no it's not it's like an n-dimensional vector and there's a different inflation rate for everything in every place for every time period dynamically evolving right?

Once you understand that you realize that there's probably two inflation rates of interest one inflation rate is the rate at which uh cost of living is going up for a middle-class family that's not the CPI because the CPI is a manipulated market basket set by a politician or a bureaucrat"

#Inflation #Bitcoin