Birdwatch Note Rating
2024-08-17 21:11:49 UTC - HELPFUL
Rated by Participant: B248D88DF41045E277818845D54CCC5B12AF989B5034E621593CAFFF1F5D6A5D
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
All Note Details