Birdwatch Note Rating
2023-11-28 21:29:08 UTC - HELPFUL
Rated by Participant: EBCB8975045F3C1704906FBA8C1C95459A67A26BD46BB88033A07FFB8A149C14
Participant Details
Original Note:
Inflation in food $ is largely caused by inflation of the money supply via Govt borrowing. It's also exacerbated by taxes that affect food production & transportation. These increase food costs which inflate gross profits. Rising food prices are not the fault of grocery CEOs. https://www.economicshelp.org/blog/111/inflation/money-supply-inflation/
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