Birdwatch Note Rating
2023-10-06 03:24:39 UTC - NOT_HELPFUL
Rated by Participant: 9CC7A4FB9C30D5D6BEE2B93E5B7E2A0C595FB6324971516AAB363C601F570B72
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