Birdwatch Note Rating
2023-06-28 23:53:36 UTC - NOT_HELPFUL
Rated by Participant: AFEDCACE976D04569C2D1EC83EDCC6B5B44B3F884C46D9BAE50E6EFC4AB8CD50
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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