Birdwatch Note Rating
2024-08-16 17:21:15 UTC - HELPFUL
Rated by Participant: 1A7A49D2D8A541F9FA8E610C7A518386DC7D17C95702C77ADFF54A7193C229BE
Participant Details
Original Note:
Inflation and Price Rise are different concepts. People use it interchangeably and forget the main differences. https://homework.study.com/explanation/what-are-the-differences-between-inflation-and-price-rise.html Inflation is caused by Government/the authority who prints the currency. https://youtu.be/F94jGTWNWsA?si=Isf3UiTTnWwGweBO CPI is a good measure of inflation but is not accurate.
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