Birdwatch Note Rating
2024-08-16 15:51:44 UTC - HELPFUL
Rated by Participant: 0FBD32226003ECC5BCC8D99BCEF6385E5B9EDF8301F00A4EF93347FA854CCF7D
Participant Details
Original Note:
The proposed note is objectively incorrect. While, causes of inflation are multifaceted, government deficit spending is a major contributing factor. https://www.federalreserve.gov/faqs/how-does-the-federal-reserve-buying-and-selling-of-securities-relate-to-the-borrowing-decisions-of-the-federal-government.htm
All Note Details