Will we ever have an inflation problem if we measure inflation with the CPI? Those buying TIPs are the dumbest bunch of suckers who believe that it will protect them against inflation. LOL.... With the CPI, everything just improves and you are always getting "more" for the higher prices. It is a so ridiculous, hedonic pricing. Plus CPI takes out "volatile" food and energy costs. The CPI will never show true inflation, and that's why it is designed the way it is. To give the Fed free rein to print as much money as Wall Street wants.