Birdwatch Note Rating
2024-08-16 16:48:02 UTC - HELPFUL
Rated by Participant: E96C78C19EACF3013DD0C1457C8E95DCE751043C758A479EE362076A3CE3C2E6
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