Birdwatch Note Rating
2023-08-05 11:15:40 UTC - NOT_HELPFUL
Rated by Participant: 4BA4706B09BDE043A7C8CAAB01341FC164E50CE5EE52EB21560E392FAAABA792
Participant Details
Original Note:
The most important cause of price inflation is growth in the money supply in excess of economic growth. The Fed’s recent interest-rate hikes have caused the M2 money supply to drop. Thus, it is not surprising that inflation has dropped, nor is the drop caused by legislation. https://www.investopedia.com/terms/i/inflation.asp https://fred.stlouisfed.org/graph/?g=17AYv
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