Birdwatch Note
2024-08-17 15:39:07 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
Elon is partially correct…but… The main driver of recent US inflation is the 40% increase in M2 money supply from the CoVID economic stimulus packages. Ongoing Government overspending is also a serious problem but not the main driver of current inflation. https://www.ftportfolios.com/Commentary/EconomicResearch/2021/11/15/inflation-returns
Written by 032893BFD56634850C067B987C9398224A928714AD0C2A3D7A29E2C45FFC4E93
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All Information
- ID - 1824833341792883020
- noteId - 1824833341792883020
- participantId -
- noteAuthorParticipantId - 032893BFD56634850C067B987C9398224A928714AD0C2A3D7A29E2C45FFC4E93
- createdAtMillis - 1723909147103
- tweetId - 1824410315422871867
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
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- misleadingFactualError - 0
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- summary
- Elon is partially correct…but… The main driver of recent US inflation is the 40% increase in M2 money supply from the CoVID economic stimulus packages. Ongoing Government overspending is also a serious problem but not the main driver of current inflation. https://www.ftportfolios.com/Commentary/EconomicResearch/2021/11/15/inflation-returns
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