Birdwatch Note Rating
2024-08-16 14:08:03 UTC - HELPFUL
Rated by Participant: 398E1BCB8974E4ED15D7C9482D7E72C974AF2ED88B62DD84F7AFDDB0DB58F393
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