Birdwatch Note Rating
2022-12-04 23:26:27 UTC - HELPFUL
Rated by Participant: FE989B652245282552D87C00772B2BECAD6DDD1EE71E7984DC67E412593C29BA
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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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