Birdwatch Note Rating
2023-07-17 13:42:11 UTC - HELPFUL
Rated by Participant: 228E3C65CE2D14FF5FEF75BCCB2A696D8E64DB176E6BC786CC3670A9B8B2E019
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Original Note:
Inflation is the increase in the prices of goods and services over time. The federal reserve targets a 2% inflation rate which means that prices go up on average 2% a year. If average prices appear to be falling (deflation) the Fed will expand the money supply to prevent it. https://www.federalreserve.gov/faqs/economy_14419.htm
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