Birdwatch Note Rating
2023-11-04 05:02:40 UTC - NOT_HELPFUL
Rated by Participant: 1934DD7375C6C9032B1035585997F80A718C027BCFD0E1C5F897686C708A538F
Participant Details
Original Note:
Tate expresses the the Austrian explanation of inflation: An increase in money supply is inflation, when not supported by an increase in the production of goods and services leads to an increase in prices.Keynesian theory disagrees but that doesn't make Austrian wrong. https://www.magellanplanning.com/blog/how-does-the-austrian-school-of-economics-define-inflation#:~:text=First%20and%20foremost%2C%20it%20is,cause%20prices%20to%20go%20up. https://www.goldmoney.com/research/an-austrian-take-on-inflation https://andsilvadrcc.medium.com/understanding-inflation-through-the-lens-of-austrian-economics-36251da1de8a https://austrianeconomics.fandom.com/wiki/Inflation#:~:text=You%20can%20help%20Austrian%20Economics,effect%20in%20kind%20is%20deflation.
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