Birdwatch Note Rating
2023-12-02 15:09:12 UTC - HELPFUL
Rated by Participant: F59A0A55B755D0EC0D1415819EF4F3D1E2D3B9950974B8CFFA3F02DE6AAAC4A2
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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