Birdwatch Note Rating
2023-07-13 14:55:23 UTC - HELPFUL
Rated by Participant: C1B770F40B833CD107460F053DFF5D6744750D47A6AC180B6507EA433F6972F2
Participant Details
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/
All Note Details