Birdwatch Note Rating
2023-06-29 08:46:37 UTC - NOT_HELPFUL
Rated by Participant: DE9690A8E2F6DFA3844F5505A233D126276187989A7FF5AA84B764417D21E808
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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