Birdwatch Archive

Birdwatch Note

2024-08-16 16:46:36 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Elon is not wrong. While not the only cause, printing money, i.e., increasing the money supply, is a driver of inflation. If the government spends more than it earns—and cannot finance the gap by borrowing money—it will simply print more money, which is inflationary. https://www.investopedia.com/ask/answers/042015/how-does-money-supply-affect-inflation.asp

Written by 4D7D97DD445D0DB8273B70ADC66176B8B1BB69EA6E3415575911FEAF399DDF48
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Original Tweet

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All Information

  • ID - 1824487940065489098
  • noteId - 1824487940065489098
  • participantId -
  • noteAuthorParticipantId - 4D7D97DD445D0DB8273B70ADC66176B8B1BB69EA6E3415575911FEAF399DDF48 Participant Details
  • createdAtMillis - 1723826796915
  • tweetId - 1824423313881416007
  • classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
  • believable -
  • harmful -
  • validationDifficulty -
  • misleadingOther - 0
  • misleadingFactualError - 1
  • misleadingManipulatedMedia - 0
  • misleadingOutdatedInformation - 0
  • misleadingMissingImportantContext - 0
  • misleadingUnverifiedClaimAsFact - 0
  • misleadingSatire - 0
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  • notMisleadingFactuallyCorrect - 0
  • notMisleadingOutdatedButNotWhenWritten - 0
  • notMisleadingClearlySatire - 0
  • notMisleadingPersonalOpinion - 0
  • trustworthySources - 1
  • summary
    • Elon is not wrong. While not the only cause, printing money, i.e., increasing the money supply, is a driver of inflation. If the government spends more than it earns—and cannot finance the gap by borrowing money—it will simply print more money, which is inflationary. https://www.investopedia.com/ask/answers/042015/how-does-money-supply-affect-inflation.asp

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