Birdwatch Note Rating
2023-06-22 00:58:37 UTC - SOMEWHAT_HELPFUL
Rated by Participant: D38A952529F09D667B26A4A25C0E70B646A6C00DCA7D9A87F18E8C0536D69ED5
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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