Birdwatch Note Rating
2022-05-16 00:26:00 UTC - HELPFUL
Rated by Participant: 0A32E0BDBB99C5286026F722E646760D
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Original Note:
Monetary policy and government spending are two of the factors that can contribute to inflation. Another factor is competition policy and corporate profits. According to the Economic Policy Institute, 53.9% of current US inflation can be attributed to increasing profit margins. https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
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