Birdwatch Archive

Birdwatch Note

2022-05-17 00:17:28 UTC - NOT_MISLEADING

The primary way of fighting inflation is through monetary policy. The independent Federal Reserve Board increases interest rates charged to banks. The executive branch may be able to influence inflation by increasing taxes, such as the tax Biden proposes. https://www.economicshelp.org/blog/2269/economics/ways-to-reduce-inflation/

Written by 8287473C23000581E5B9AA8BA49800DB
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• summary
• The primary way of fighting inflation is through monetary policy. The independent Federal Reserve Board increases interest rates charged to banks. The executive branch may be able to influence inflation by increasing taxes, such as the tax Biden proposes. https://www.economicshelp.org/blog/2269/economics/ways-to-reduce-inflation/