Birdwatch Note Rating
2024-11-14 21:12:53 UTC - NOT_HELPFUL
Rated by Participant: 6779E0AAD43619714067981E6F9DF2B436D141CED221F34FB770523E966D0259
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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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