While I get the market effects you're talking about, it still hinges on CPI as a goal post. My point was that there's a surprisingly large number of people that completely distrust CPI or any other data coming out of the federal government.
And honestly I do understand many of the technical concerns with CPI. Dig into how the calculations are made and how much room they have to manipulate numbers between changing the basket of goods and adjusting prices to account for various factors that they deem explanatory for a portion of price changes and the CPI begins to look a lot less reliable as a long term metric.
And honestly I do understand many of the technical concerns with CPI. Dig into how the calculations are made and how much room they have to manipulate numbers between changing the basket of goods and adjusting prices to account for various factors that they deem explanatory for a portion of price changes and the CPI begins to look a lot less reliable as a long term metric.