Birdwatch Note Rating
2024-08-16 18:58:36 UTC - HELPFUL
Rated by Participant: 3EF8B6D8556D76BE10F225F75C6AFCE25D3FFF897D939126B111732DDE2E8F77
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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