Birdwatch Note Rating
2022-12-02 19:55:13 UTC - SOMEWHAT_HELPFUL
Rated by Participant: D48CB9A2C139A407A1445B0FA8CA287459C465ACD57E2435EE2BF57655577590
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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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