Birdwatch Note Rating
2023-10-07 17:39:57 UTC - NOT_HELPFUL
Rated by Participant: DF98F86D2D8070CA4303E5C6A4AE07D1EEC491DD5CE1216C5416CD9B9F3F4476
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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