CPI is an inaccurate measurement of inflation, IMO. The basket is adjusted if to massage the numbers.
I like to just compare it to the price of gold. The $USD was on a gold standard in 1913, and the gold price was $20/oz. So $900m would have been 45m oz of gold, so $193.5B at today’s gold price
@GrantCardone They’re a buyer of treasuries that expose the world to the brand “$USD,” which allows the government to expand its reserve currency status in the digital market.
When Odysseus and his soldiers left Troy victorious, they wanted nothing more than a speedy journey home to rejoin with their families. Then a storm blew them off path to the island of the Lotus Eaters. The Lotus Eaters tempted them in the most pleasant and compelling ways to stay on their island, forget about their voyage, forget about their families. The soldiers were only able to resume their voyage to reunite with their families by strong exercise of their willpower.
Like Homer's Lotus Eaters, modern corporations are unending in their skill to tempt us away from our own voyages, away from our own property, away from our cultures, away from our communities, away from our families, away, in the case of corporate feminism, from even starting families.