Birdwatch Note Rating
2023-12-01 02:37:53 UTC - HELPFUL
Rated by Participant: 327EB33B4439F0016C6B4CA08E262D83640BF80A9B5725E1FC333C41416261B8
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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