Birdwatch Note Rating
2023-07-12 23:41:26 UTC - HELPFUL
Rated by Participant: EA0540917653C304D3EA863488946E2B6C08DBFACA6C03C216B7D112D537F0AD
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/
All Note Details