Birdwatch Note Rating
2023-06-21 18:11:16 UTC - HELPFUL
Rated by Participant: 723C6B0477E2FCE68296289A5D3E73EEAF4ECC09FFE65C3BFF9B0524B096CD6F
Participant Details
Original Note:
The primary reason for inflation in consumer goods is directly related to oil prices. Energy policies that restrict oil production increases the cost of every aspect of food production and logistics. Record inflation of the 70’s was also related to energy production. https://www.investopedia.com/ask/answers/06/oilpricesinflation.asp https://www.dallasfed.org/research/economics/2021/1123
All Note Details