2 ms·
A lot of things already are pegged to it (eg. social security), and the calculation is already a political football. That's why there's so much distrust of off
by nostrademons 4y ago
A lot of things already are pegged to it (eg. social security), and the calculation is already a political football. That's why there's so much distrust of official CPI numbers.
There's no real escape from this other than free trade and hard assets. Cash regularly becomes less valuable, but food remains food, housing remains housing, and the future cash flows of providers of these good continue to float regardless of cash's value.