Birdwatch Note Rating
2023-05-18 11:06:12 UTC - HELPFUL
Rated by Participant: 70E7F40CD44E7AC48420C4B548FFE99125C80E9F2F2E947B1F489136DC80FC34
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