Birdwatch Note Rating
2024-08-17 06:10:22 UTC - HELPFUL
Rated by Participant: E77BADB55BE1E6A364AE42CEBA3BF7910057A82154059AB6CFCBAEC0282FCBE5
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