Birdwatch Note Rating
2022-12-02 20:36:17 UTC - HELPFUL
Rated by Participant: 253F27CBE38B42CEE0BE9E94CD3D716CF7A819E2C51CC0F191CEB6797394C017
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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