Birdwatch Note Rating
2024-11-08 23:43:51 UTC - NOT_HELPFUL
Rated by Participant: 135C2E88C11FE6FCBEE0839D4B38931A2FC35982F4E4E2E516D6DA36F5AB709B
Participant Details
Original Note:
NNN, proposed note just confirms what OP is stating. Inflation is at or near its historic averages. For cost of goods to decrease, that would require significant deflation--which has actually occured in some consumer categories, but is much rarer. https://www.bankrate.com/banking/federal-reserve/latest-inflation-statistics/#:~:text=Key%20takeaways,last%20seen%20in%20February%202021. https://www.cnbc.com/2024/10/11/deflation-inflation-cpi-september-2024-in-one-chart.html#:~:text=Deflation%20has%20occurred%20in%20segments,don%27t%20typically%20reduce%20prices.
All Note Details