Birdwatch Archive

Birdwatch Note Rating

2023-12-03 17:32:09 UTC - HELPFUL

Rated by Participant: 8FB733456457E886F947F36A8E961E0D91EFBCC325CE0E2BBFB0742FAA9BD22F
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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