Birdwatch Note Rating
2022-05-20 21:51:27 UTC - NOT_HELPFUL
Rated by Participant: 074D27E223FD6188E9C2368CD84FB54FED7BDC7A750524017F6227E5D1C5E93F
Participant Details
Original Note:
The primary way of fighting inflation is through monetary policy. The independent Federal Reserve Board increases interest rates charged to banks. The executive branch may be able to influence inflation by increasing taxes, such as the tax Biden proposes. https://www.economicshelp.org/blog/2269/economics/ways-to-reduce-inflation/
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