Birdwatch Note Rating
2024-03-02 17:44:57 UTC - HELPFUL
Rated by Participant: 0CF4D082ABB646D29BA4976053A7488257B59BF0B847C64B2E91E152E4704830
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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