re: CPI numbers still hot inflation

quote:

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Commodities that fluctuate wildly are not currency comparisons

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That explains why the US keeps minting those gold and silver coins, and why COSTCO sees 200 million US Dollars exchanged for those coins every month.

The reality is that it's the US dollar that's fluctuating wildly. A one ounce gold coin bought the best suit in the store in New York in 1924, and that same coin buys the best suit in the store in New York 100 years later. To me, that doesn't look like 'fluctuating wildly'