Birdwatch Note
2024-08-16 17:40:45 UTC - NOT_MISLEADING
NNN. When the government runs a deficit, the U.S. Treasury issues bonds to finance it. Money is ‘printed’ to buy these bonds. More money supply increases prices. This is thus a mechanism that causes inflation. https://www.forbes.com/sites/williammeehan/2020/10/21/can-the-federal-reserve-print-money-forever-or-how-continuing-to-print-money-to-support-deficit-spending-may-end-badly-with-chinas-help/
Written by EB4C166BD3D6E08F639C0E8F46E696E75A1E8C29BF2796E1EC6AF367BA0E45BB
Participant Details
Original Tweet
Tweet embedding is no longer reliably available, due to the platform's instability (in terms of both technology and policy). If the Tweet still exists, you can view it here: https://twitter.com/foo_bar/status/1824410315422871867
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All Information
- ID - 1824501564049862719
- noteId - 1824501564049862719
- participantId -
- noteAuthorParticipantId - EB4C166BD3D6E08F639C0E8F46E696E75A1E8C29BF2796E1EC6AF367BA0E45BB Participant Details
- createdAtMillis - 1723830045125
- tweetId - 1824410315422871867
- classification - NOT_MISLEADING
- believable -
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- misleadingOther - 0
- misleadingFactualError - 0
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- summary
- NNN. When the government runs a deficit, the U.S. Treasury issues bonds to finance it. Money is ‘printed’ to buy these bonds. More money supply increases prices. This is thus a mechanism that causes inflation. https://www.forbes.com/sites/williammeehan/2020/10/21/can-the-federal-reserve-print-money-forever-or-how-continuing-to-print-money-to-support-deficit-spending-may-end-badly-with-chinas-help/
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