Birdwatch Note Rating
2024-03-03 09:13:35 UTC - HELPFUL
Rated by Participant: 49B3DAA0F23988A034A22A777D13DF2F24AFB1206340828A2D3552AE24C163C6
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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