Birdwatch Note Rating
2024-11-14 18:13:50 UTC - NOT_HELPFUL
Rated by Participant: 5D66F7F7CE3D79734FBDC8ABB8A5492D10E2F05D1287C870163D5BC2C8CF84E1
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Original Note:
Excessive government spending can drive inflation, but the idea that "all government spending is taxation" is a conceptual view, not a fact. Inflation, taxation, and spending interact in complex ways, influenced by factors like demand, economic context, and monetary policy. https://www.stlouisfed.org/on-the-economy/2016/may/how-does-government-spending-affect-inflation
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