Birdwatch Note Rating
2024-08-17 22:19:19 UTC - NOT_HELPFUL
Rated by Participant: 5EEDB58E10BE42EA016E05A627CB8860D22E650831A709718A10C3EB30659E69
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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