Birdwatch Note Rating
2023-08-05 07:27:13 UTC - HELPFUL
Rated by Participant: 97EFA115136BBC83734B2F98AFFC8E6764E1CA76F2D30906B813954BD901D038
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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