Birdwatch Note Rating
2023-12-01 06:16:47 UTC - HELPFUL
Rated by Participant: D7B6C22A8A8F3775F5AE272293EC34FFE988240A962D7A64460CF8C8D2A5AE56
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