Birdwatch Note Rating
2022-11-04 04:46:36 UTC - HELPFUL
Rated by Participant: ADB91A3245808E77E001C0573A3EDFB5CF54E507DE1B8AF91EBB0E562E144A46
Participant Details
Original Note:
Inflation is not caused by "unchecked corporate greed." Taylor: "[M]onetary policy is a major cause of the increase in inflation." https://news.stanford.edu/2022/09/06/what-causes-inflation/ Friedman: "[T]here has been a one to one relation between substantial rises in prices and substantial rises in the stock of money." https://miltonfriedman.hoover.org/objects/57545/inflation-causes-and-consequences
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