Birdwatch Note Rating
2023-07-18 04:38:08 UTC - HELPFUL
Rated by Participant: FC20D88F956EC54114C4E028E78E277D8DCC05B974F15707F0CC6ED46B62253E
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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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