Birdwatch Note
2022-12-06 03:15:58 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
Government programs to give selected people money in some circumstances does not lower inflation. At best it subsidizes life during inflation, and most likely it worses inflation by putting even more money into the economy to chase limited goods. https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp
Written by 00DA16792E6096B41332C1CB4A931FC3B9980AFC2B8C3A82DEAC410A7000D85A
Participant Details
Original Tweet
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All Information
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- tweetId - 1599863684095959058
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- Government programs to give selected people money in some circumstances does not lower inflation. At best it subsidizes life during inflation, and most likely it worses inflation by putting even more money into the economy to chase limited goods. https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp
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2022-12-06 03:15:58 UTC (1670296558536) |
1969-12-31 23:59:59 UTC (-1) |
2022-12-07 02:16:04 UTC (1670379364565) |
NEEDS_MORE_RATINGS | 1969-12-31 23:59:59 UTC (-1) |
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