CNBC’s Chicago correspondent Rick Santelli weighs in on the latest inflation report and how far the dollar will go in 2023.”If you take core CPI (Consumer Price Index), the actual index, which is seasonally adjusted, the read there is 313.216. That probably doesn’t mean anything to you. Means something to me. That’s the highest it’s ever been. It’s ever been! Now remember, the Bureau of Labor Statistics brings out the number. Go to their website. When did COVID start? March of 2020? Okay. This is a December number meaning the most updated prior to about two minutes ago. Go on the website look at CPI inflation calculator and you put in Feb of 2020. What you’ll find is it takes $1.19 of November ’23 to buy what bought a dollar pre-COVID. Do it if you don’t believe me,” Santelli said.