Birdwatch Note Rating
2023-11-14 19:55:23 UTC - HELPFUL
Rated by Participant: 22F7F8C2968F57111A713DB4DDBE63A53EC471581926E94CBCA2FF6A29DD19C7
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Original Note:
Inflation is defined as a sustained increase in the general level of prices for goods and services. https://www.investopedia.com/articles/01/021401.asp#:~:text=Inflation%20is%20defined%20as%20a,of%20Labor%20Statistics%20(BLS). US Government deficit spending is increasing at the faster rate than production of goods and services in the economy which causes inflation. https://www.statista.com/statistics/200410/surplus-or-deficit-of-the-us-governments-budget-since-2000/
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