Do you think you have a prior right to your income being anything other than the real usefulness of your services to other people? Do you think the latter cannot change whenever the world does? Why do you think they can't go to zero tomorrow, perfectly fairly, if your trade turns out to be the next buggy whip industry?
Do you actually have any idea how much you may have *benefitted* indirectly, from an employer, customers, suppliers, tradespeople around your town etc, themselves benefitting from either new credit or from price level changes?
Can you measure the volatility of a commodity price series? Does your nominal salary have the same standard deviation? Is there any reason whatever for two economic price series with entirely different risk levels to have the same trend rate?
If CPI is bogus, what is the true rate of inflation over the last 25 years? Can you tell looking at a commodity price series, any commodity price series?
As for your costs, why are your costs different in composition or accounting from your sources of income? I mean that seriously, reason it out from first principles. Do you adapt your costs to the signals from relative prices, or leave them fixed?
What assets do you own, and how do you expect them to be affected by changes in the price level?
See post 155. Bye now.