Birdwatch Note Rating
2024-12-15 12:24:45 UTC - HELPFUL
Rated by Participant: F2655B912883083E332464EC68F4BF83D4A38728169E71571B9702C4F5E6B10D
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Original Note:
Research from MIT shows that federal spending during the pandemic, especially stimulus checks and relief programs, significantly contributed to the 2022 inflation spike. Increased demand outpaced supply, driving prices higher. https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-shows
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