Birdwatch Note Rating
2023-04-26 20:58:38 UTC - SOMEWHAT_HELPFUL
Rated by Participant: CCE67387E2610FE1EC781346EA20026634A182F68B02FE6B45CA060D49DBC069
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Original Note:
The inflation rate is not the worst in our lifetime. It was 13.5% in 1980 and 4.1% in 1988. The Federal Reserve increased interest rates (prime rate peaking at 20.5% in August 1981). https://en.wikipedia.org/wiki/Reaganomics#:~:text=The%20inflation%20rate%2C%2013.5%25%20in,and%20GDP%20fell%20by%201.9%25.
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