Birdwatch Note Rating
2024-08-18 15:32:26 UTC - NOT_HELPFUL
Rated by Participant: F8FFC7FBFFB44B6238DED0831D01EA6E95312EDA1EB285BD8172ECE434AB7B60
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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