Birdwatch Note Rating
2023-10-07 15:58:44 UTC - NOT_HELPFUL
Rated by Participant: 31B2476020DE8037F092C388F1B2C23234D23FBC8E4A6392F9424B8F23A7CB9B
Participant Details
Original Note:
Printing money in excess is inflationary, a concept known to the Austrian School of Economics as “Counterfeit”. Under the current Liberal Government, in 2019-2020 Central Bank Assets grew 456%, and that liquidity finds its way into the economy causing inflation: https://spencerfernando.com/2020/10/07/the-bank-of-canada-is-printing-money-like-crazy/
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