Birdwatch Note Rating
2024-08-18 13:14:54 UTC - NOT_HELPFUL
Rated by Participant: C5B2B604C382A807CE7F3B3B16835702DD3AA8655364E478067637B6E00167C7
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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