Birdwatch Note Rating
2022-05-17 00:22:17 UTC - HELPFUL
Rated by Participant: 21EFF1C6BAAD7B0030524A45A78CBA0BC3B65D5CF578706A5FD5CFE453AD3B44
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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