Birdwatch Note Rating
2024-08-18 01:56:07 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5675E8498F064998F9E78F4B97953B575553403570C09D86313A0B7EA0ADBC0F
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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