Birdwatch Archive

Birdwatch Note Rating

2024-08-18 04:12:03 UTC - HELPFUL

Rated by Participant: D5B0E2DCAE4BA3159CC622F6CFFDA5017CC82998B9C87FBE4D7C9ACBD5E80E5B
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
  • agree - 0
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  • helpfulnessLevel - HELPFUL
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