Birdwatch Note Rating
2024-08-18 20:43:06 UTC - HELPFUL
Rated by Participant: 00ED4256B3F722AFE98A6A1195F764F1D63D7685A3BE4A18C80DE9F34EA78F6A
Participant Details
Original Note:
”Price gouging” implies companies shifted from a competitive environment to one where they excessively benefitted from raising prices. Thats not happened. Margins are flat because inflation also hit company COSTS, implying they’re victims of inflation rather than causes of it. https://x.com/compound248/status/1824463310781030451
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