Birdwatch Note Rating
2025-01-31 17:50:10 UTC - NOT_HELPFUL
Rated by Participant: 09AE73946AB32F4C78F8F399EF60E2DDD4D5321F24F6CCA17C05F7A5B042F3DB
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Original Note:
Inflation results from money supply expansion relative to productive output. Both private and public lending increase the money supply. Private debt to GDP in the US is nearly double federal debt to GDP but varies with economic conditions. https://tradingeconomics.com/united-states/private-debt-to-gdp https://tradingeconomics.com/united-states/government-debt-to-gdp
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