Birdwatch Note Rating
2023-12-01 01:18:22 UTC - HELPFUL
Rated by Participant: 8AF4304E832DCF10E36CFF281C0F58DDFEF2FD21936B541536157E5B36CD3B47
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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