Birdwatch Archive

Birdwatch Note Rating

2024-08-18 01:37:35 UTC - HELPFUL

Rated by Participant: 3747ACE46F1BB1CE6C3326C1EF6EE95EBA88FF6D5F0E5D80845720876AA78F54
Participant Details

Original Note:

Elon is partially correct…but… The main driver of recent US inflation is the 40% increase in M2 money supply from the CoVID economic stimulus packages. Ongoing Government overspending is also a serious problem but not the main driver of current inflation. https://www.ftportfolios.com/Commentary/EconomicResearch/2021/11/15/inflation-returns

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All Information

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