Birdwatch Note Rating
2022-12-05 02:13:59 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 16225E4AF968E31FD07DFA25D1098E21A249C6C57C77232129298DE526F7C785
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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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