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This bitcoin evangelist says inflation is far exceeding official statistics — by tracking ribeye prices
MarketWatch· 2026-01-21 10:11
Core Viewpoint - A bitcoin evangelist believes that tracking ribeye steak prices provides a more accurate measure of inflation than the consumer price index [1] Group 1 - The bitcoin advocate argues that traditional inflation metrics do not reflect the real cost of living for consumers [1] - Ribeye steak prices are highlighted as a significant indicator of inflation due to their popularity and price volatility [1] - The focus on specific food items like ribeye steak aims to provide a clearer picture of economic conditions affecting consumers [1]
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Bloomberg· 2025-11-21 16:20
The Bureau of Labor Statistics canceled its October consumer price index report, saying it was unable to retroactively collect some data given the US government shutdown https://t.co/lMH8XYzgPI ...
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Bloomberg· 2025-10-24 13:38
Here are key takeaways from the US consumer price index report for September https://t.co/MaPQI7OdsA ...
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Bloomberg· 2025-10-15 10:12
A key US inflation report, the consumer price index, won't be released until next week. But here's what private-sector data tells us about inflation in September https://t.co/SB6EB4WGjc ...
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Bloomberg· 2025-10-09 21:48
The Bureau of Labor Statistics has recalled staff to prepare the September consumer price index report https://t.co/rAoRle0WSk ...
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Bloomberg· 2025-07-15 13:44
Here are five key takeaways from the June consumer price index report https://t.co/9mOAAosQh3 ...