Birdwatch Note Rating
2023-10-05 20:10:19 UTC - HELPFUL
Rated by Participant: CEE5225648837F9190B9A22DA2AF42B6D678079669ECEAE15070285F84CDB619
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