Birdwatch Note Rating
2023-10-05 21:57:13 UTC - HELPFUL
Rated by Participant: 49272ABD88EAF9C2F8B98E40F9D06B714CC9CF23EF31478B60C135B2684BB460
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