Birdwatch Note Rating
2023-05-17 20:06:25 UTC - HELPFUL
Rated by Participant: 2DE6F83F64F279E7E8DE6BDAC9F82A9F16DBA6BA9148B46F59AE84F2048E50F4
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