Birdwatch Note Rating
2023-11-29 14:58:09 UTC - HELPFUL
Rated by Participant: FE7A964823D9BCCD26DF66C519F207ECFE280620E74C42875417C372C50F6C82
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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