Birdwatch Note Rating
2023-07-06 08:05:29 UTC - HELPFUL
Rated by Participant: 40B94E3DF740D256C997F0109575DF3D0D34D4F66BAF4B890D7ADA70293890A7
Participant Details
Original Note:
Friedman is misquoted here about public spending, he actually said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” https://www.heritage.org/budget-and-spending/heritage-explains/the-real-story-behind-inflation#
All Note Details