Birdwatch Note Rating
2024-03-02 19:41:02 UTC - HELPFUL
Rated by Participant: 07887165600EC0DB9224F423956A2CBD619696CB439ACE43C431332A196A2866
Participant Details
Original Note:
When the Federal Reserve inflates the money supply, the Purchasing Power of the Dollar decreases and business have to raise prices to maintain their original profits This is not Price Gouging, this simply demonstrates that the value of Money has significantly decreased https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Inflation#:~:text=In%20an%20inflationary%20environment%2C%20unevenly,payers%20of%20fixed%20interest%20rates.
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