Birdwatch Note Rating
2023-06-06 14:36:21 UTC - HELPFUL
Rated by Participant: 1B0CC438BCA3072E7E1FD5D62A78A721C4C386FCE1F210F06D23222DD997D49C
Participant Details
Original Note:
General inflation is primarily caused by an increase in money supply by low interest rates or quantitive easing which allows consumers to borrow / spend more. As demand increases, prices goes up. Interest rates rise to combat inflation. Demand decreases, then prices go down https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Inflation#:~:text=Long%2Dlasting%20episodes%20of%20high,power%20falls%20and%20prices%20rise.
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