Birdwatch Note Rating
2024-08-18 13:38:56 UTC - HELPFUL
Rated by Participant: 3F0D3D1DE0332FEBB84F8CBE0F44B3E0D26030A2D5A43407FA81233B7CEF8BAC
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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