Birdwatch Archive

Birdwatch Note Rating

2024-04-10 14:58:27 UTC - NOT_HELPFUL

Rated by Participant: FEA5670A4E84584423BBE2B3786501841FF65F23BA32EE926FBF68F00E127308
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Original Note:

This chart shows there has not been *deflation* since Biden's term has began, while the rate of inflation has decreased. As you can see on the larger chart, deflation in prices occurs during recessions such as 2008 and 2020 while prices have continually increased since 1950. https://fred.stlouisfed.org/series/CPIAUCSL

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