Birdwatch Note Rating
2023-11-30 23:17:42 UTC - HELPFUL
Rated by Participant: 96A51C4B02F418586CE119AA504442CCE12B5B2DA7CFCD0CE960FC520D02BC6C
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