Birdwatch Archive

Birdwatch Note Rating

2023-12-03 17:36:20 UTC - HELPFUL

Rated by Participant: 3ED7C90056ED422240A47B8FB78D657CE3F8BB8521A8A6A101B6B138869CE470
Participant Details

Original Note:

The Great Depression was notable for its extremely high rates of deflation, not inflation. Prices fell by nearly 25% over the peak years of the Depression. https://www.frbsf.org/economic-research/publications/economic-letter/2009/march/risk-deflation/#2

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All Information

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