Birdwatch Note Rating
2024-08-18 16:54:03 UTC - NOT_HELPFUL
Rated by Participant: AEAB8D325607B915FB2369D54FCF4485873A69A3826CD666DF22E5583A011FAC
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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