Birdwatch Note Rating
2024-11-09 09:42:39 UTC - HELPFUL
Rated by Participant: 4283FB4C34AD0BD4B389B8BB56896FD4F58F75AA9FCB560C911B6233F485F5A5
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Original Note:
Inflation is the rate of change, not the percentage of costs increased compared to before the initial spike. Inflation maybe down to 2%, although the costs are still 40% higher than before the initial inflation spike. https://www.npr.org/2024/09/11/nx-s1-5108607/inflation-consumer-prices-economy-interest-rates
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