Birdwatch Note Rating
2023-12-01 19:33:58 UTC - HELPFUL
Rated by Participant: A68BAF38D9C8EB1D43B60C94A8B454614DCBD1109FC8717C8AB821F1D6256CE4
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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