Birdwatch Note Rating
2024-08-18 02:26:48 UTC - HELPFUL
Rated by Participant: 2977302541798169F7AC49B74007885C209CB580778C8ECEBC9A3ED1EE5A1412
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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