Birdwatch Note Rating
2023-11-30 17:31:15 UTC - HELPFUL
Rated by Participant: 1F32B57560698EF16C7053C9FC6FC39D47CDB52BC6450F771F4AC8677AFF5EED
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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