Birdwatch Note Rating
2024-11-09 21:15:50 UTC - SOMEWHAT_HELPFUL
Rated by Participant: CB9F393A34638B9F828CD3CECBFEE70787CB694EE2C9530A30205A34DBE1B71B
Participant Details
Original Note:
Governments have TWO methods of fighting inflation: Monetary Policy and Fiscal Policy. https://www.federalreserve.gov/faqs/money_12855.htm The Inflation Reduction Act was a Fiscal Policy intended to suppress price increases (ie, inflation), not to reduce prices (ie, deflation). The Fed raising rates was Monetary Policy.
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