Birdwatch Note Rating
2023-05-10 03:25:00 UTC - HELPFUL
Rated by Participant: 4AECED9E9C34BA30EB27598A37BB4231130C94E7EB7BFD4D46C6AE788032658C
Participant Details
Original Note:
The United States is not experiencing record inflation. The highest inflation in recent US economic history was roughly 20% in 1918. Current inflation at 6.04% is higher than the longterm average of 3.28% but nowhere near records. Historical: https://www.macrotrends.net/2497/historical-inflation-rate-by-year Current and average rate: https://ycharts.com/indicators/us_inflation_rate#:~:text=Basic%20Info,long%20term%20average%20of%203.28%25.
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