Birdwatch Note Rating
2022-12-02 21:50:31 UTC - HELPFUL
Rated by Participant: 70C181B24233FF8251A370E67F314FF2678F046BCC2BD211A42D44AC787BC7DC
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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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