Birdwatch Archive

Birdwatch Note Rating

2023-12-04 00:34:38 UTC - NOT_HELPFUL

Rated by Participant: 9F12EEFADFE07933B5D570E16107D14E1823882BA67AE5C0234B9E33634DF99A
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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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