Birdwatch Note Rating
2022-12-05 06:20:52 UTC - HELPFUL
Rated by Participant: BDA8E5F9210F06C04D1B1613C13CC5010D953F93C66A70712CBD7B2BF8CE099B
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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