Birdwatch Note Rating
2023-11-30 23:07:36 UTC - HELPFUL
Rated by Participant: EC467CCCFE92FDE0C0A5A62DAE51F6F4D3103F22DDB09AD20FB0B8C89355A6B4
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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