Birdwatch Note Rating
2024-10-15 15:10:48 UTC - NOT_HELPFUL
Rated by Participant: B052BD3DAEFF869EF6E6FB2B70F4B9083783B7088A9CCA4A4C85BA5227CD0FFF
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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