Two Ways The CPI Overstates Inflation

9 minutes

The Consumer Price Index flashed across our screens in big red letters. Like a gunshot in a crowd. The Dow Jones Industrial Average fainted. It was falling nearly 300 points in less than an hour before finally gaining its composure.

It's not that this was unexpected. All of Wall Street predicted that the CPI would take a big jump. But the surprise was that Inflation came in above 9%, a level that almost none of the analysts thought likely.

More episodes from ValueSide

How you can listen to this podcast

You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.

Recommended apps
Start listening to The Pandemic’s Impact On American Workers
7:13
Start listening to The Pandemic’s Impact On American Workers
7:13