Birdwatch Note Rating
2023-07-13 12:43:32 UTC - HELPFUL
Rated by Participant: C628E8A07D48B86D988A85E25CF2168F71308182BDB631B94C0A2CC47FA924E9
Participant Details
Original Note:
Lower costs requires negative inflation. A falling rate of inflation means that prices are increasing less than before. https://www.investopedia.com/ask/answers/111414/what-difference-between-inflation-and-deflation.asp, https://www.financialpipeline.com/deflation-primer-the-causes-and-consequences-of-negative-inflation. The latest government report shows an annual inflation of 3%, which means prices are 3% higher than 12 months prior. https://www.bls.gov/cpi/
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