Birdwatch Note Rating
2023-11-04 05:18:17 UTC - NOT_HELPFUL
Rated by Participant: E99427C5005C56250364647F7994C6CCDF97E7FAFE86650F678B6DA18A045F10
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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