Yeah, CPI, and all of its problems. I think I basically disagree with the notion that the sum of 20 years of inflation is driving current "bad vibes." I think

Yeah, CPI, and all of its problems. I think I basically disagree with the notion that the sum of 20 years of inflation is driving current "bad vibes." I think it's mostly just that people experienced 10-15 years of near-zero inflation (for a significant fraction of people, this was their entire adult life) and then suddenly experienced 5-10% inflation for a year or two. It's the sudden shift from mostly stable prices that is bad for vibes (IMO). The past 20 years as a sliding window is actually a lower inflation period than most historical 20-year periods.