Birdwatch Note Rating
2021-10-01 20:50:40 UTC - HELPFUL
Rated by Participant: 41FAAFAEA7A6662C4B5A44E32F33C0D922EC09BAE8F4706540CEA0CAFC48DB9B
Participant Details
Original Note:
It appears the Tweet is referencing $16 trillion in lending as a response to the 2008 financial crisis. This did indeed occur, though notably the money was lended and returned, with about $1.1 trillion outstanding as of a 2011 report. More information: https://www.politifact.com/factchecks/2011/dec/09/ron-paul/did-fed-create-15-trillion-during-bailout-and-send/
All Note Details