Birdwatch Note Rating
2023-10-06 02:11:10 UTC - HELPFUL
Rated by Participant: 0AFE1BCB3D90FC34B7D6105598D941B3AC979B3CFE36BCBD40D674291EFFBB8A
Participant Details
Original Note:
Additional debt-based spending causes inflation. In addition, direct debt relief causes increased demand for goods and services, further causing inflation. Inflation hurts everyone except large debtholders. https://www.aier.org/article/does-government-spending-lead-to-inflation/#:~:text=In%20practice%2C%20central%20banks%20often,spending%20itself%2C%20that%20drives%20inflation.
All Note Details