Birdwatch Note Rating
2024-08-16 13:16:47 UTC - HELPFUL
Rated by Participant: ECB71FA47466FFBC87F15D8E2A9D02628F28867BFA10937D60F4881D19372C74
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