Birdwatch Note Rating
2023-12-01 15:53:58 UTC - HELPFUL
Rated by Participant: 785CFB1138773FBCC2725849A07DD3F8856C87C5CF9A180A731959AB9AB84EBF
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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