Birdwatch Note Rating
2023-07-18 00:31:52 UTC - NOT_HELPFUL
Rated by Participant: CC676AD98E62C94E221D69D8926EC8AB351DA84B96EACAA84B9B201087C8DA3A
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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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