Birdwatch Note Rating
2023-10-03 17:50:27 UTC - HELPFUL
Rated by Participant: 2352CCB7A4C555D5B29948D7507E8ACE1DD1FBDCAB342AEC9A36AEA17805231D
Participant Details
Original Note:
While the video does explain price variations due to supply and demand, it fails to mention the role of money supply in long term inflation “Inflation is caused when the money supply in an economy grows at faster rate than the economy’s ability to produce goods and services“ https://www.stlouisfed.org/education/feducation-video-series/episode-1-money-and-inflation#:~:text=Inflation%20is%20caused%20when%20the,to%20produce%20goods%20and%20services.
All Note Details