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Consumer Price Index

also referred to as: cpi

9 statements across 8 episodes · 1 bullish · 6 bearish · 3 people on the record · first statement Nov 13, 2021 by Chamath Palihapitiya · across every show →

Everything said about Consumer Price Index, oldest first

Nov 13, 2021 bearish
Assertion Supported
Chamath: Pre-1980 CPI formula shows worse inflation than current metrics
“If you go back to the original measurement it looks like inflation and CPI is much more pernicious than we would otherwise think if we just look at the new CPI that we started to look at as of 1980.”
Chamath Palihapitiya Nov 13, 2021 ▶ 58:56 E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
Nov 13, 2021 negative
Assertion Supported
Calacanis: US CPI rose 6.2% in October 2021, highest jump since 1990
“The CPI, ah, has gone up 6.2% in October, highest jump in 31 years since 1990, according to the Wall Street Journal, fifth largest straight month, fifth straight month of inflation above five percent.”
Jason Calacanis Nov 13, 2021 ▶ 42:12 E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
Dec 11, 2021 negative
Assertion Supported
Chamath Palihapitiya calculates true US inflation is 10.1% using rental data.
“The OER that was calculated quote unquote by survey in the CPI was 3.5%. If you flow that through, it means that core CPI actually went from 4.9% today to actually nine percent. And the CPI print, which was 6.8% was actually 10.1%.”
Chamath Palihapitiya Dec 11, 2021 ▶ 15:44 E58: November's CPI, preparing for a downturn, macro outlook, Better.com's botched layoffs & more
Jun 24, 2022 bearish
Prediction Held up
Chamath predicts US CPI inflation will stay 7% to 9% short-term
“The next three, four, five months of CPI. Will probably be very, very bad. Seven, eight, nine percent.”
Chamath Palihapitiya Jun 24, 2022 ▶ 22:43 E84: Markets update, crypto collapse, Russia/Ukraine endgame, state of the podcast
Jul 29, 2022
Assertion Supported
Chamath: Lowering CPI above 4.5% historically required Fed rate above 4.5%
“We've never in the history of America ever had CPI print above four and a half or five percent without inflation being brought down by having fed funds not also be greater than four and a half or five percent.”
Chamath Palihapitiya Jul 29, 2022 ▶ 16:25 E89: GDP growth negative in Q2, $SHOP layoffs, Alzheimer's fraud, Ginkgo acquires Zymergen & more
Aug 5, 2022
Assertion Contradicted
Chamath: U.S. CPI over 5% never dropped below 5% without Fed rate matching it
“We've never seen a moment in history, in American history, where when CPI has printed successively above five percent, that it got under five percent without fed funds getting to that same number.”
Chamath Palihapitiya Aug 5, 2022 ▶ 25:40 E90: Twitter subpoenas, market overview, Pelosi's Taiwan visit & more
Nov 17, 2023 bullish
Prediction Didn’t hold up
Chamath predicts US CPI will drop to around 2.2% by March
“And now the consensus forecast is you're going to see CPI with a low two percent handle by February or March of this year. So you're going to see 2.2% CPI or something.”
Chamath Palihapitiya Nov 17, 2023 ▶ 1:44:43 In conversation with Dean Phillips
Mar 19, 2025 negative
Assertion Supported
Bessent: Biden-era CPI rose ~22% while Everyman Index rose over 30-35%
“CPI went up about 22 during the period, but the Everyman Index was up over 30, 35%, because the bottom 25%, the bottom 50% of wage earners have a different basket than we do, and it inflated much faster.”
Scott Bessent Mar 19, 2025 ▶ 14:26 The Shocking Truth About DC Spending & Corruption - Scott Bessent
Dec 22, 2025 negative
Assertion Supported
Bessent states cumulative inflation reached 21% to 22% under the Biden administration
“I think cumulative CPI during the Biden administration was 21, 22%.”
Scott Bessent Dec 22, 2025 ▶ 17:30 Scott Bessent: Fixing the Fed, Tariffs for National Security, Solving Affordability in 2026
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