Birdwatch Archive

Birdwatch Note Rating

2024-08-18 06:39:50 UTC - HELPFUL

Rated by Participant: 503A516C803073BBF8C6EB2CBDA84B38FBDC5A4401634FA6C7FCA824EE4F3C64
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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