Birdwatch Archive

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2022-05-20 05:54:54 UTC - NOT_HELPFUL

Rated by Participant: 29A4A997A969F0CF291B0BEF0CC09F453D249DD0A2FAC99C3DD877CFE0A621B8
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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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