Birdwatch Note Rating
2023-08-28 18:40:43 UTC - HELPFUL
Rated by Participant: C35B5D20A493F1B0B5CB5E845D6860F61EEB873A94BCD6107AE5FE7A1C770D06
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Original Note:
This tweet may be irritating. The „purchasing power“ of $1 remains $1. Additionally, using CPI, more accurate data can be calculated: -In 1960, the purchasing power of $1 from 1930 was approximately $0.56. -In 1990, approximately $0.13. -In 2023, approximately $0.05. https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1913-
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