Birdwatch Note Rating
2023-07-13 17:40:28 UTC - HELPFUL
Rated by Participant: F46CE6BBEB39E4B1CEC954A8AEEDA9E8D5CA2FF12AC412352072D3C39A8E93C1
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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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