Birdwatch Archive

Birdwatch Note Rating

2024-08-18 07:16:09 UTC - NOT_HELPFUL

Rated by Participant: 641D6A91B9806EAB728C5EA4D3634A3CBE427BEC35CED30907B952796A796AE0
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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