Birdwatch Note Rating
2024-03-02 17:34:58 UTC - HELPFUL
Rated by Participant: 6A41CE65282923984DF718E32E53FAA0528EEFB32FCE787AE53E0CD7A8AED73B
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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