Birdwatch Note Rating
2023-05-17 19:59:13 UTC - HELPFUL
Rated by Participant: 0F00FE189002EFA972F957A78FFF0EC09F395E0DB46A4DA81DFC593B5BD3966B
Participant Details
Original Note:
The government has defaulted four times. - 1862 following massive money-printing to fund the Civil War - 1933 defaulting on bonds - 1968 refusing to redeem silver certificates - 1971 breaking Bretton Woods commitment to redeem gold certificates held by foreign governments https://thehill.com/opinion/finance/575722-the-us-has-never-defaulted-on-its-debt-except-the-four-times-it-did/
All Note Details