Birdwatch Note Rating
2024-08-18 01:36:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 6EBB2DB6765A14B7841617FC2528A24620E697841F28C9B73C56C8B3DE835642
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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