Birdwatch Note Rating
2024-02-07 00:56:03 UTC - NOT_HELPFUL
Rated by Participant: 860BBC05732C5F7B5941816DD5F501F8E5163A37C255ED533F91E5D618048353
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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