Birdwatch Note Rating
2024-08-18 07:40:31 UTC - NOT_HELPFUL
Rated by Participant: A3B8B2AE241026FE52874DCB98D67AD7DD776AD24A221C638AC40FE6617B51A2
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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