Birdwatch Note Rating
2023-11-30 20:20:32 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8CD8CC77DD6EB0589CCEA6CCAD1D91A2DFFA25F8D3B770EF84F7BC485CC6DB1B
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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