Birdwatch Note Rating
2024-08-18 22:13:23 UTC - HELPFUL
Rated by Participant: 898F2AC4EC09738A8E3D8F6635B6C6C09EB5572A60D2B91848573E2A7A008036
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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