Birdwatch Note Rating
2023-11-30 17:15:55 UTC - HELPFUL
Rated by Participant: 8B55893394192E7199A39AFFB2B412B5F92B0126DADF464E56531E1FF141732D
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/
All Note Details