Birdwatch Note Rating
2023-03-16 15:08:36 UTC - HELPFUL
Rated by Participant: 45B8EF43682258D990F1C39DD9C1C131E030B7B116A1A874CAD37AED55F98C04
Participant Details
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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