Birdwatch Note Rating
2023-11-30 20:09:22 UTC - HELPFUL
Rated by Participant: 05474A54B4F20C5E20ECFDC6027BA04698754BC2385F3C874B520BB3BCF25B92
Participant Details
Original Note:
This is a misleading statement of what inflation is and ignores its long-lasting economic effects. The current inflation rate is 3.2%. This means prices are still rising, just not as fast. 3.2% is still 60% higher than the Fed’s ideal target of 2%. https://www.usinflationcalculator.com/inflation/current-inflation-rates/
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