Birdwatch Note Rating
2023-07-17 14:50:37 UTC - HELPFUL
Rated by Participant: 74BFC24E9046BF160BC5DEC41F9E1F1AE88582FC810CB472BB6F8FABE9BFB367
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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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