Birdwatch Note Rating
2024-08-18 01:20:16 UTC - HELPFUL
Rated by Participant: 155E659DEC328FCCE6DD463E0C28C9FE29AA9C566B6697B86DD65B848AD4C06E
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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