Birdwatch Note Rating
2024-03-03 01:26:47 UTC - HELPFUL
Rated by Participant: 6B97659AAFC6F48F1D63DA28683D111211E0022619DFE680247FD30824AC883D
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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