Birdwatch Note Rating
2023-10-05 20:53:02 UTC - HELPFUL
Rated by Participant: E5229628BF09929E96A58BF054BAC6E513F4CC9413D1712AD5F4F1F413FA3272
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