Birdwatch Note Rating
2023-06-29 02:09:24 UTC - NOT_HELPFUL
Rated by Participant: FCAE3390CFDC373ABD18807A03765841E3618E3D24153BE962CFE4E1EEAFE31D
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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