Birdwatch Archive

Birdwatch Note Rating

2023-12-01 00:51:30 UTC - NOT_HELPFUL

Rated by Participant: 79B71EC21094A17FA7150B5D4B2E42C21FE61AF62346694A7349604A18F03808
Participant Details

Original Note:

Biden is commenting on the price increases done by corporations that go beyond inflation, referred to as "greedflation" in media. Corporations have used inflation as an excuse to raise prices far beyond the inflation rate leading to record profits. https://www.forbes.com/sites/jackkelly/2023/08/10/how-corporate-greedflation-contributes-to-higher-consumer-costs-and-job-losses/?sh=798215222981 https://www.federalreserve.gov/newsevents/speech/brainard20230119a.htm#:~:text=Retail%20markups%20in%20a%20number,the%20increases%20in%20input%20prices.

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All Information

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