Birdwatch Note Rating
2024-08-18 09:01:30 UTC - NOT_HELPFUL
Rated by Participant: 553663EBBBB54DD35EA6F0443AFAD5B0B0D294751280F13F2E590AA7367826BF
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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