Birdwatch Note Rating
2022-06-17 03:26:40 UTC - HELPFUL
Rated by Participant: 676CF950A5AA3D71A506A1B8806145E242FED41937B36BB7BF24046FA293E745
Participant Details
Original Note:
First, It’s not record high inflation. It was higher in 1974, 1979 & 1980. https://www.thebalance.com/u-s-inflation-rate-history-by-year-and-forecast-3306093 Second, Morgan Stanley, an investment company, is saying the yield curve isn’t that important right now. https://www.morganstanley.com/ideas/inverted-yield-curve-recession-outlook Finally, many economists approve of how Biden is handling the economy. https://www.washingtonpost.com/us-policy/2022/04/07/white-house-economy-inflation/
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