Birdwatch Note Rating
2024-08-17 15:01:50 UTC - HELPFUL
Rated by Participant: 32374DD95C6FD39F811FB0FF8C316F170987ACE9A5C14919B6C11D768F4BBEB9
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