Birdwatch Note Rating
2023-05-18 03:26:16 UTC - HELPFUL
Rated by Participant: 888BD56351708AD2B9B7F44547C24732BA16DFD9F396012B2295ABC26BBC8EBC
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