So in an attempt to educate anyone who wants to listen. Inflation matters.....alot. ObiWan is a really smart Global Macro Investor. These two tweets show that CPI (consumer price index) is complete BS! It shows I think 1.7% Inflation at the end of 2019. I attached the Chapwood Index to a post a while back, it shows 8.9% inflation in 2019 for Houston, San Antonio, Dallas areas. Why the difference. CPI is willfully hiding real inflation. Chapwood Index shows 500 items families need to live and indexes them for a more real and accurate inflation rate. This ties back to buying deflationary assets like Bitcoin, Gold, Ethereum. Anyone that stays in cash is going to see their wealth taken from them due to Currency Debasement. The Fed money printer.
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Agree x 1
Last edited: Aug 10, 2020