Birdwatch Note Rating
2024-03-02 23:34:21 UTC - HELPFUL
Rated by Participant: 69EED84D1BA4A8FBEDAE832EE293833D7C3A8766EE7E524B168C5B63D643E15A
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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