Birdwatch Note Rating
2024-04-07 01:35:08 UTC - NOT_HELPFUL
Rated by Participant: 70710F2F12F11E5B77578073CC2CA26F0F246D03929B1052EC922693787FD516
Participant Details
Original Note:
The money being spent is borrowed. This increases the money supply and stimulates the economy. This produces inflation NOT disinflation. Also more supply won't lower prices if demand is rising even faster (immigration). The post's claim is factually wrong. https://www.cbc.ca/news/business/inflation-business-explainer-1.6362093 https://hbr.org/2022/12/what-causes-inflation https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp
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