Birdwatch Note Rating
2023-11-30 20:02:25 UTC - HELPFUL
Rated by Participant: E693E965DE47FF9EA2CAF12BDC5E3D1E50C4C67575E66074A249DA640DC89D2B
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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