- Big moves in oil price have a big impact on inflation
- Correlation of 54%, hence, if oil price increases inflation increases and vice versa
- This chart also highlights how sensitive CPI as a measure of inflation is to big price changes in oil
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At this year's SALT New York conference, Wences Casares, the chairman of XAPO, and Peter Briger, the principal and co-chief executive officer of Fortress Investment Group discussed the macro case for Bitcoin. Q2 2021 hedge fund letters, conferences and more XAPO describes itself as the first digital bank of its kind, which offers the "convenience" Read More
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