Birdwatch Note Rating
2023-05-17 19:05:42 UTC - HELPFUL
Rated by Participant: B3104491FE0807B5DBEC1E51BFC6A4C40E2BE01C024F5945F7804A7D3754D957
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