Birdwatch Note Rating
2023-08-23 11:48:01 UTC - SOMEWHAT_HELPFUL
Rated by Participant: B76E065EC80D9D24C156FF8F6E96284C6AB36AE26357FEDF369ECE65BCF7064D
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