X community adds a context note to a Joe Biden post: President Joe Biden posted "Inflation is now lower in America than any other major economy in the world. We have more to do, but we’re seeing real evidence that American consumers are feeling real confidence in their economy again." The X community added a note to the post that read: "Readers added context they thought people might want to know. According to the Financial Times, as of Feb 24, multiple major economies have lower inflation than the US. 3.1% US, Jan 2024 2.8% South Korea, Jan 2024 2.6% Japan, Dec 2023 1.8% Taiwan, Jan 2024 -0.8% China (deflation), Jan 2024 FT updates continually. Latest data shown. ft.com/content/088d33…" The label is part of X’s Community Notes system. X users are able to sign up as contributors to add context to posts. X owner Elon Musk shared that any post with a Community Note added to it will be demonetized. The Community Notes account on X also posted that notices will be pushed to users who previously engaged with a post when a Community Note is added to it later.