Birdwatch Note Rating
2023-08-23 11:43:13 UTC - HELPFUL
Rated by Participant: FA42D7B09C753CB00CB9DBF5474FBA3709B20582CA0AD4A00E8ADDCD97275C49
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