Birdwatch Note Rating
2024-03-02 18:34:27 UTC - HELPFUL
Rated by Participant: CEE23F792E58C259072D8E564444A6603DADEF6E732F307D6A189F979C50C34D
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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