Birdwatch Archive

Birdwatch Note Rating

2023-06-21 20:17:26 UTC - HELPFUL

Rated by Participant: 7EBCCB5D3BE86E8886F26A1C70A334A20A71B860E20474020F98EE3A4802A333
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

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All Information

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