Birdwatch Note Rating
2024-06-11 22:04:51 UTC - HELPFUL
Rated by Participant: AE3E6428427A9B245BEFD48A67CE101B779D7EF8B74C213D11B8BC73132A6BAA
Participant Details
Original Note:
This is a misleading representation of US inflation. (1) inflation is currently 3.36% per year, a low rate for a booming economy (and stock prices) https://ycharts.com/indicators/us_inflation_rate (2) The proper way to examine the inflation is to check the purchasing power of the median worker or households https://home.treasury.gov/news/featured-stories/an-update-to-the-purchasing-power-of-american-households
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