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Birdwatch Note Rating

2024-10-21 23:40:04 UTC - HELPFUL

Rated by Participant: 673363408932800A871510162D6EE3589AA36939DAF5A2457D9E562A9BC60FCA
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Original Note:

Corporate greed is not the cause of inflation, but gorvenment spending, currently at it's highest, & high demand of the country's output. USA population has increased by millions increasing demand, but USA production output did not increase by the same rate. https://x.com/BasedMikeLee/status/1841970100666302470?s=19 https://libertystreeteconomics.newyorkfed.org/2024/07/what-was-up-with-grocery-prices/ https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp https://www.bls.gov/opub/mlr/2023/beyond-bls/what-caused-inflation-to-spike-after-2020.htm

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