Birdwatch Archive

Birdwatch Note Rating

2023-06-21 12:46:22 UTC - HELPFUL

Rated by Participant: E9A405964E88C3D0994C028BE3EC764CE37694A51333574555B90C539FDADDD2
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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Original Tweet

All Information

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