Birdwatch Note Rating
2023-11-14 19:57:07 UTC - HELPFUL
Rated by Participant: 89DBB149AB977AC33BF46383C24B6EF9BCBB7FEB6C5BC3FA8AEA16A1BBD837A4
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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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