Birdwatch Note Rating
2023-11-30 17:19:40 UTC - HELPFUL
Rated by Participant: 2349B34B01BED5FD6CE2F39AA4939EABCE069AE6954ED46739ECA1F1F3BFB34A
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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