Birdwatch Note Rating
2023-11-30 17:43:53 UTC - HELPFUL
Rated by Participant: 7D42FD3D9002FCD1C687E4E4E82455E3099D91E912BC632FF7C1B27436E0A5C0
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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