Birdwatch Note Rating
2024-08-17 00:04:57 UTC - HELPFUL
Rated by Participant: 13A8DDD98C82450C3C9632D525DF3DA141ADC8AD3720D3948D5985CD247FBF2E
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