Birdwatch Note Rating
2022-05-17 00:22:17 UTC - HELPFUL
Rated by Participant: C83D2471BF26FF9749D9FA884CB9A167D509D563EB9F76EF076736A5240F9890
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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