Birdwatch Note Rating
2023-12-01 20:36:15 UTC - HELPFUL
Rated by Participant: 621E46D684B75C44A0E50F825E7CA1C2D27F26B055C3C300EFD7C5872A8D6835
Participant Details
Original Note:
Though inflation is down to more normal levels (3.2%), the effects are cumulative since inflation measures a rate of change. In other words, a price is fair if it is 18% higher than it was in January 2021. https://www.bls.gov/data/inflation_calculator.htm https://www.bls.gov/cpi/latest-numbers.htm https://www.investopedia.com/terms/i/inflation.asp
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