Birdwatch Note Rating
2024-02-08 03:47:15 UTC - NOT_HELPFUL
Rated by Participant: CDA2609B270AF7E3499795698272CEB6971F33D5780C598854D84B1B08B73431
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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