Birdwatch Archive

Birdwatch Note

2024-10-21 21:41:45 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Corporate greed is not the cause of inflation, but gorvenment spending, currently at it's highest, & high demand of the country's output. USA population has increased by millions increasing demand, but USA production output did not increase by the same rate. https://x.com/BasedMikeLee/status/1841970100666302470?s=19 https://libertystreeteconomics.newyorkfed.org/2024/07/what-was-up-with-grocery-prices/ https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp https://www.bls.gov/opub/mlr/2023/beyond-bls/what-caused-inflation-to-spike-after-2020.htm

Written by 3A5B7C7B53CD48A1B525F4DD663B54864D2939CEDC650CCE6F22EEBE1A3C3B28
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• noteId - 1848479814807675201
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• noteAuthorParticipantId - 3A5B7C7B53CD48A1B525F4DD663B54864D2939CEDC650CCE6F22EEBE1A3C3B28
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• Corporate greed is not the cause of inflation, but gorvenment spending, currently at it's highest, & high demand of the country's output. USA population has increased by millions increasing demand, but USA production output did not increase by the same rate. https://x.com/BasedMikeLee/status/1841970100666302470?s=19 https://libertystreeteconomics.newyorkfed.org/2024/07/what-was-up-with-grocery-prices/ https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp https://www.bls.gov/opub/mlr/2023/beyond-bls/what-caused-inflation-to-spike-after-2020.htm