Birdwatch Note
2024-08-16 13:49:53 UTC - NOT_MISLEADING
"Inflation" is directly attributed to the amount of money that is created by central banks, therefor "watering down" the money supply, which in turn "inflates" prices. This is different than "supply and demand economics" which most claim causes it. https://www.investopedia.com/ask/answers/042015/how-does-money-supply-affect-inflation.asp#:~:text=When%20the%20Fed%20increases%20the,the%20increase%20in%20goods%20produced.
Written by FA377B92CAD56ABDDD297B4242CF48CACAF69AE7054467AFC54C4DD653168812
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Original Tweet
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All Information
- ID - 1824443466274783233
- noteId - 1824443466274783233
- participantId -
- noteAuthorParticipantId - FA377B92CAD56ABDDD297B4242CF48CACAF69AE7054467AFC54C4DD653168812
- createdAtMillis - 1723816193539
- tweetId - 1824410315422871867
- classification - NOT_MISLEADING
- believable -
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- misleadingOther - 0
- misleadingFactualError - 0
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- misleadingOutdatedInformation - 0
- misleadingMissingImportantContext - 0
- misleadingUnverifiedClaimAsFact - 0
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- notMisleadingOther - 0
- notMisleadingFactuallyCorrect - 1
- notMisleadingOutdatedButNotWhenWritten - 0
- notMisleadingClearlySatire - 0
- notMisleadingPersonalOpinion - 0
- trustworthySources - 1
- summary
- "Inflation" is directly attributed to the amount of money that is created by central banks, therefor "watering down" the money supply, which in turn "inflates" prices. This is different than "supply and demand economics" which most claim causes it. https://www.investopedia.com/ask/answers/042015/how-does-money-supply-affect-inflation.asp#:~:text=When%20the%20Fed%20increases%20the,the%20increase%20in%20goods%20produced.
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