Birdwatch Note Rating
2022-05-18 20:34:41 UTC - HELPFUL
Rated by Participant: 6EF39B6BB34E16DD837881A3E0A80F7A9DC3374EE496DE46E92AD56C70FD8079
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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