Birdwatch Note Rating
2023-11-30 20:09:18 UTC - HELPFUL
Rated by Participant: DB36248A57DD655FBEEF246DB15748F76E6D6E7DE257118855E034B42DE93E53
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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