Birdwatch Note Rating
2024-03-02 17:48:14 UTC - HELPFUL
Rated by Participant: 1585DE4AD1C5D1EFCCF0A6D50156621093530902B53E0CDC36A923F45C4F192A
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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