Birdwatch Note Rating
2023-11-30 18:35:49 UTC - HELPFUL
Rated by Participant: A0316E59A55D19B8532CEB31E3112DE64F06A580FAF2594A6EE50F57FB22F05F
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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