> Here's the number to pay attention to. CPI increases are accelerating.

That’s what it means to go from a 2% inflation rate to a 9% inflation rate.

The inflation rate is literally the slope of that chart. It’s a price chart, not an inflation chart.

> Also notice how that chart only goes in one direction - up and to the right. There are very brief periods in which it reverses, only to return to trend with a vengeance.

Yes, because deflation is generally considered a bad thing.