Birdwatch Note Rating
2024-02-07 14:29:11 UTC - NOT_HELPFUL
Rated by Participant: 62C7B6305C0C967D563ABAA38854F7563308414D7E590813A1EF8C7ED5C752A0
Participant Details
Original Note:
Misleading- Shrinkflation is a type of inflation. Inflation is caused when the money supply grows too big relative to the size of the economy. The federal reserve controls the money supply. Therefore, inflation and shrinkflation are not the fault of big corporations. https://www.investopedia.com/terms/s/shrinkflation.asp https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Inflation#:~:text=If%20the%20money%20supply%20grows,power%20falls%20and%20prices%20rise. https://www.stlouisfed.org/-/media/project/frbstl/stlouisfed/files/pdfs/publications/pub_assets/pdf/re/2013/b/reader_exchange.pdf
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