Birdwatch Note Rating
2024-01-29 15:12:01 UTC - HELPFUL
Rated by Participant: 72ACE73EAAB6F04F718FF8AA690300DF45D5C9A7E3F7077F49DBB8530DF6B7F7
Participant Details
Original Note:
Inflation ended the year at 3.4% https://www.investopedia.com/articles/06/gdpinflation.asp https://www.investopedia.com/inflation-rate-by-year-7253832 US debt increased by ~$3T, ($31.3T on 1/23, $34T on 12/23) or ~$18k/taxpayer. It was $19T in 2016 https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny Printing money & credit leads to inflation, wars & revolutions https://youtu.be/xguam0TKMw8?si=058cUKghqd5on1A6 Please judge based upon your own experience, not an intangible GDP figure.
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