Birdwatch Note Rating
2023-08-23 12:11:19 UTC - NOT_HELPFUL
Rated by Participant: BE153BCFE8779449E1EF736FBFBFAFE2E066B52D080882E3C4327DF86481EC97
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