Birdwatch Note Rating
2024-08-18 05:26:40 UTC - HELPFUL
Rated by Participant: F8B3437C05230F2A92F393522497465498F4167B23FD37E65057CF33F28445A0
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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