Birdwatch Note Rating
2024-08-18 06:29:17 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E6C5098B61713022E4DF42A7B4392F7F54C4F6C3905AB9C22D5EB48071B74569
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