Birdwatch Note Rating
2022-05-18 20:39:27 UTC - HELPFUL
Rated by Participant: 76D75596753AC43955A8B72188F1AE7C4CF088C9E942575E0B1D7D9F8BC2FF79
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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