Birdwatch Note Rating
2024-08-17 15:01:05 UTC - HELPFUL
Rated by Participant: 32374DD95C6FD39F811FB0FF8C316F170987ACE9A5C14919B6C11D768F4BBEB9
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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