Birdwatch Note Rating
2023-07-13 13:24:19 UTC - SOMEWHAT_HELPFUL
Rated by Participant: BF07F60282EF7E69054F7C986F0F96D16613F2218CCF5BC85258A5A06F9B8B32
Participant Details
Original Note:
Inflation is a monetary phenomenon. When the government prints trillions of new dollars, like the Biden Admin has done the past 2.5 years, the money supply goes way up. This results in too many dollars chasing too few goods causing prices to rise. https://www.economicshelp.org/blog/797/economics/why-printing-money-causes-inflation/
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