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Facebook, Instagram put ‘fact checks’ on posts linking inflation to corporate greed

New York Post: 'Facebook and Instagram posts linking inflation to corporate greed are getting slapped with “fact check” tags — even as many companies jack up prices despite reporting their highest profits in years.


'One post that earned a “fact check” tag on Instagram pointed out that Exxon Mobil, Chevron, Shell and BP have all recently reported their highest profits since the mid-2010s while Americans are left with higher prices at the pump.


'“Guess that’s just inflation,” the post mused.


'On Facebook, meanwhile, a post accusing Chipotle, Starbucks and McDonalds of raising prices despite surging profits and blaming the squeeze on “100% corporate greed” was also adorned with a “fact check” message. '

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