Birdwatch Archive

Birdwatch Note Rating

2023-06-29 01:01:36 UTC - NOT_HELPFUL

Rated by Participant: 01F0BF63921DF51286C3BE6FCE074DEB35260453B0A647BCA8DF8E9B6A63BBB7
Participant Details

Original Note:

The causes of inflation are complex but economists generally agree that large increases to the money supply (absent increased demand to offset) leads to higher inflation. Donald Trump increased the M2 money supply by $6tn during his term. Biden increased the M2 by $1.5tn. https://fred.stlouisfed.org/series/M2SL https://www.investopedia.com/terms/m/m2.asp#:~:text=M2%20is%20seen%20as%20a,assets%20held%20by%20financial%20institutions.

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