Birdwatch Note Rating
2024-02-07 06:12:09 UTC - NOT_HELPFUL
Rated by Participant: C37660B2337DE676258CA5FF847A220243E3D22EF79D05B47070D65B20140B8B
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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