Birdwatch Note Rating
2023-07-13 09:28:35 UTC - HELPFUL
Rated by Participant: 04243FCEE3704BBA1846E5009F2BA03EE36A98C381FDA424FCB38AB8C1B242BE
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Original Note:
Lower costs requires negative inflation. A falling rate of inflation simply means that prices are increasing less than before. https://www.investopedia.com/ask/answers/111414/what-difference-between-inflation-and-deflation.asp Since Biden has been sworn in, goods and services have become 15% more expensive overall according CPI data. https://www.rollcall.com/2023/03/15/introducing-the-presidential-inflation-rate-biden-trails-only-carter/
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