Birdwatch Note Rating
2024-08-19 14:46:17 UTC - NOT_HELPFUL
Rated by Participant: B839AEA8D4EC3CCF09EF075CFA6013B2DE8530ECF4F0AB46FD0EBE2BB735465D
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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