Birdwatch Note Rating
2024-08-16 22:23:30 UTC - HELPFUL
Rated by Participant: 865D067FE6732893DD26786DD56CC2BD51B63DF9D0BEC97D6957B5C65C23DD1C
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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