Birdwatch Note Rating
2024-07-08 01:31:50 UTC - NOT_HELPFUL
Rated by Participant: 22FE7EC031FB205233781D7AE6DF47C443730020ADE21D421E88B233A006A9C1
Participant Details
Original Note:
Inflation, is a necessary aspect to every economy, and a small amount is beneficial. 5 silver quartz (1.15$) in 1964 is 11.64$ today not 28.34. That means federal minimum wage today (7.25$), has dropped 38% since 1964 if we adjust for inflation. https://www.federalreserve.gov/monetarypolicy/2024-03-mpr-summary.htm https://www.usinflationcalculator.com
All Note Details