Birdwatch Note Rating
2024-02-01 08:33:53 UTC - NOT_HELPFUL
Rated by Participant: DA6BBC06DF6CFB5FB10BF0F2152E166A3F6B5F19A30A5155E9957D02F992C5B0
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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