Birdwatch Note Rating
2023-10-05 18:37:50 UTC - HELPFUL
Rated by Participant: 9266F05C1C804AE052EEF6E2CF21A4DB6AA9EF2E2EC309EBC7F22A0F16CA7F55
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