Birdwatch Note Rating
2023-07-13 13:32:10 UTC - HELPFUL
Rated by Participant: 3362CA605346945375970CE797080971AC82326B903EFB5C3376CBAB74AC086B
Participant Details
Original Note:
The proposed note confuses falling inflation and deflation. Inflation is the change/time (ie first derivative) of the price for a basket of consumer goods. If the increase in cost is slowing (ie second derivative is < 0), then inflation is decreasing, even as prices rise. https://www.investopedia.com/terms/i/inflation.asp https://www.investopedia.com/terms/d/deflation.asp
All Note Details