Birdwatch Note Rating
2024-03-03 07:02:19 UTC - HELPFUL
Rated by Participant: E01D47679C519AA78F9C5B28B502938B05FC99BB4BC5D930E527B084095FE57F
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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