The oil Bull cycle ended in 2016. It is coming back, yet, not as we know it today. Because of the green movement, the oil cycle won't be the same as last time. Crypto is not in the FED's books. That wasn't included in their collateral.
Those institutional investors did amass bags internationally in crypto look at the Silbert guy, as an example.
USDX guides the inflation rate whereas CPI is that personal consumption expenditures is based on measurement consumption component of the US GDP.
There are known knowns, known unknowns, unknown unknowns, and ...unknown knowns.