Birdwatch Note Rating
2024-02-01 08:58:10 UTC - NOT_HELPFUL
Rated by Participant: 61599BAC4469B422880DF668272581F03049EEAC262D3A8B490C3DF8880752B5
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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