Birdwatch Note
2024-10-22 03:36:23 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
Fed monetary policy of lowering the federal funds rate, aka “money printing”, is a primary cause of inflation. The increase of money in circulation debases the value of all money in circulation, diluting the purchasing power of money. https://www.federalreserve.gov/faqs/money_12856.htm
Written by F40BEFEA718668AA173BD2D74FF73CE196DCEE21E9E5D75B48025FB0100BC8C4
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All Information
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- noteId - 1848569060453433792
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- noteAuthorParticipantId - F40BEFEA718668AA173BD2D74FF73CE196DCEE21E9E5D75B48025FB0100BC8C4
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- tweetId - 1848467375445753949
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- Fed monetary policy of lowering the federal funds rate, aka “money printing”, is a primary cause of inflation. The increase of money in circulation debases the value of all money in circulation, diluting the purchasing power of money. https://www.federalreserve.gov/faqs/money_12856.htm
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