Birdwatch Note Rating
2024-02-02 01:35:29 UTC - NOT_HELPFUL
Rated by Participant: 5F957AF5336DEF76A75DC9C156EAB15739A8A41A77ED3DCB59C8FB860CCB1E6B
Participant Details
Original Note:
The reason of inflation is that the Federal Reserve is started printing money to increase supply to spur demand for products and services and economic growth, but according to libertarians almost that never happens it just make the money less valuable. https://www.cato.org/publications/commentary/how-federal-reserve-literally-makes-money#:~:text=It%20is%20common%20to%20hear,then%20puts%20it%20in%20circulation. https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm https://mises.org/wire/what-money-who-controls-money https://m.youtube.com/watch?v=iYZM58dulPE https://www.investopedia.com/ask/answers/082515/who-decides-when-print-money-us.asp#:~:text=Normally%2C%20you'll%20see%20the,and%20services%20and%20economic%20growth.
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