Birdwatch Note Rating
2024-08-16 16:54:25 UTC - HELPFUL
Rated by Participant: 5C1D46B6172619A9CE3EED05E7C8E04492389326975AA320A9589BEC7B51F56C
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