Birdwatch Note Rating
2024-08-16 16:15:59 UTC - HELPFUL
Rated by Participant: 16B108B391FC7A378A3FAB5C7FC7E11149CA1F0BAA0CB265F12E864852DFE39A
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