Birdwatch Archive

Birdwatch Note Rating

2024-08-18 04:46:29 UTC - HELPFUL

Rated by Participant: 4F8EC728263BB8DACE7AF43A9F2DC9DC77AAF37265381A5B30076194FC441E41
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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Original Tweet

All Information

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  • version - 2
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  • helpfulnessLevel - HELPFUL
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