Birdwatch Note Rating
2022-12-03 11:15:18 UTC - HELPFUL
Rated by Participant: 1D9C6F260144CD8DC9B52E84EC1B6269A8AA4E718F0A35C929918FE7630651DF
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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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