noun | kuhn·soo·mer prahys in·deks
A measure of how much more expensive everything is getting, thanks to inflation and the fact that the government keeps printing money like it's going out of style. It's like a depressing version of the "Price is Right", where everything costs more than you think it should and there's no chance of winning a new car or a trip to Tahiti.
Example
"The CPI is like a speedometer for the economy, except instead of telling you how fast you're going, it tells you how quickly your money is losing value. And just like a speedometer, it's usually a lot more fun to watch it go up than down."
"I tried to impress a girl by telling her that I knew what CPI stood for, but she just rolled her eyes and said 'Cool story bro, I majored in economics at Harvard.' Turns out there's always a bigger nerd out there somewhere."
