Birdwatch Note Rating
2023-12-01 06:34:15 UTC - HELPFUL
Rated by Participant: 7EDC48DA52487676D789283728AE07D5D7D22B28F83FAAAE6A5D4205AFD4495E
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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