Birdwatch Note Rating
2022-12-03 12:27:48 UTC - HELPFUL
Rated by Participant: AC87D8C94AD6E2F20FB25EF393DC3EF260BEE2BCC46D1098855E8301837B675A
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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