Birdwatch Note Rating
2023-08-22 21:04:50 UTC - HELPFUL
Rated by Participant: 07218055020D6FFA1EF5F7A7343BCF8533A6FA522F594F4C75DAF091989885D3
Participant Details
Original Note:
Contrary to popular belief although the government can have some impact due to increased interest rates the primary reason for the increase in car prices was the manufacturing shortage of cars due to the lack of semiconductor chips available. https://theweek.com/finance/1024867/buying-a-new-car-why-are-prices-so-high#:~:text=While%20the%20Fed%20is%20mostly,that%20began%20two%20years%20ago. https://www.jpmorgan.com/insights/economy/economy/when-will-car-prices-drop
All Note Details