Birdwatch Note Rating
2024-08-19 01:54:56 UTC - HELPFUL
Rated by Participant: 7CE86CF6C08E58763A8AF37F6FC67199B46D64AA0BB5C21F3DEA3E77515D8D8B
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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