Birdwatch Note Rating
2024-08-16 21:18:22 UTC - HELPFUL
Rated by Participant: 5AF3E89D7FE29CD18735E0574080BDF75D08636F3B69A6EEDC68767CC9753BCB
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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