Birdwatch Note Rating
2024-08-16 13:16:57 UTC - HELPFUL
Rated by Participant: F9162CA6BCE9AFC6CEE6137D77C84B7F0D7F6AC3DB8D73B92CB5B609D02ACA33
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