Birdwatch Note Rating
2022-12-05 06:20:52 UTC - HELPFUL
Rated by Participant: 15AC981BB524E289C4BADA3E120317CEFA588E9367F8349C5CB3EFA54A4AD864
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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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