Individual tracks pizza inflation with base effects, Adam Livingston notes

Individual tracks pizza inflation with base effects, Adam Livingston notes
Bitcoin pitched as inflation alternative

Adam Livingston highlights a humorous scene in which a 34-year-old man analyzes changes in frozen pizza crust sizes at a grocery store and contemplates building a personal CPI shadow index in Excel.

He suggests that such close monitoring of everyday inflation is a reason to turn to Bitcoin.

Livingston recently noted that Bitcoin's 5.86 percent drop ranked among the 70 worst daily declines since 2020, according to one of his market updates. He has also written about Bitcoin's potential role as a global unit of account and its relationship to equity ownership in the future. These earlier observations reflect his ongoing focus on Bitcoin's position in periods of heightened uncertainty.

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