Birdwatch Note Rating
2024-11-15 06:03:39 UTC - HELPFUL
Rated by Participant: B97C5D530EBC885C0FCE43CC02B8948DC07E39477F8CC22C0EAA78D2BFEA44B7
Participant Details
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
All Note Details