Maybe Lithium is the correct indicator of the real inflation ...
(media.greatawakening.win)
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No, as per definition it's usually a basket of various products and services.
If the price of one goes up while the other goes down - it's not an inflation.
Inflation is when everything goes the same direction, usually roughly by very similar rate, with some sml exception.
Let's be smart here and not the flat earthers. People really read this forum looking for answers.
Inflation isn't a magic secret figure that only the government can reveal to us. It's not an exceptional price increase that makes you wonder.
Everyone can estimate the inflation himself comparing just a couple of simple things:
flat rental cost now and 1, 2 year ago
monthly spend on food now and 1, 2 years ago
annual electricity cost now and 1, 2 years ago
monthly travel cost (if you commute to work by underground) or monthly gasoline cost (if you have a car)
Everyone who does basic record of costs of live can estimate the inflation himself.
What you are saying makes perfect sense in a market where prices are not being manipulated. In such a market we would have been able to see the true prices of all commodities.
They can manipulate the price of 1 commodity or 2 but not N-1 or N-2 (so all of them with with some exceptions). That means: once you found 1 or 2 exceptionally high price increases - you can't conclude that this reflects the real inflation because as per definition: an inflation is more everything else than the exception. That's why it uses quite broad basket, as many items as can be continuously measured. The more items in the basket - the less likely all of them can be manipulated.
I understand your original excitement and I agree this price change is really interesting. Maybe this is just price one example of price manipulation that you've mentioned as the price goes up and down massively, but we should discuss it without the context of inflation because if all other prices don't follow the same trend - this is an exception that we just don't count. If we buy 1 mobile phone a year - this lithium price increase will add $20 to the cost of an average phone and it'd be 5-10% increase in out inflation basket (not 5x 600% increase as the spike on this one resource).
The whole idea of unbacked fiat currency and central banks is very simple. Make up excuses (wars, conflicts, natural disaters etc) to print tons of money drawn against our future generations, dilute out savings, and use this to buy up assets and enslave us.
Only problem? Inflation. Printing tons of money will result in price increases across the board. So what do the do? They have built the entire wall street, stock market, derivative markets, hedge funds, commodities exchange, mortgage backed securities etc etc etc. On top of this, they change the definition of CPI itself.
Essentially the entire nuts and bolts of financial system is built to hide this scam and keep the prices down. Alan Greenspan supposedly wrote one of the first computer algorithms in 60s along this idea which resulted in the modern day market algorithms.
So no, they suppress pretty much anything they can suppress. Its like plugging a lot of holes in a tank. Eventually they miss one and it starts leaking and we Anons need to take a capitalise on that.
Unless you look at every aspect of economics and finance with this lens, you will miss the truth. Every single modern economic theory, financial analysis - every single one of them are bogus. It doesnt mean all these people come up with lies. No, most people in the indusry dont even know the truth. They just churn out papers to ensure they have their tenure, and the ones with the convenient story gets pushed by the higher powers.
As Anons, when it comes to finance - our mantra should always be "Inflation, Inflation, Inflation". Thats our only job. Everything else is an illusion.
I think the best comment regarding lithium is currently on the top and it answers what actually happens:
https://greatawakening.win/p/15HIhRJlW4/x/c/4OXEyVCX4Hn
And there is no inflation under the gold standard?