Birdwatch Archive

Birdwatch Note Rating

2023-11-30 17:25:10 UTC - HELPFUL

Rated by Participant: CF208470396D9485F1DFDEB31879008051E9F8A0642AD1157FA9104A57014C6E
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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All Information

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