Birdwatch Note
2024-08-09 19:54:51 UTC - NOT_MISLEADING
@Elonmusk is spot on about inflation and our current economic period. The more money injected into the economy, the higher inflation will go. This is basic economics taught in school. Anyone who says otherwise is not factual and is trying to discredit economic principles. https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-shows
Written by 384F876DA3FE4E031BC0E56666E0506401527B8E772049C485C40EEB2FE0A0B4
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- noteAuthorParticipantId - 384F876DA3FE4E031BC0E56666E0506401527B8E772049C485C40EEB2FE0A0B4 Participant Details
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- summary
- @Elonmusk is spot on about inflation and our current economic period. The more money injected into the economy, the higher inflation will go. This is basic economics taught in school. Anyone who says otherwise is not factual and is trying to discredit economic principles. https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-shows
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