Birdwatch Note Rating
2022-12-03 20:06:20 UTC - HELPFUL
Rated by Participant: 074D27E223FD6188E9C2368CD84FB54FED7BDC7A750524017F6227E5D1C5E93F
Participant Details
Original Note:
Monetary policy is a major cause of the increase in inflation. "'Inflation rises when the Federal Reserve sets too low of an interest rate or when the growth of money supply increases too rapidly – as we are seeing now', says Stanford economist John Taylor." See: https://news.stanford.edu/2022/09/06/what-causes-inflation/
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