Birdwatch Archive

Birdwatch Note Rating

2024-03-14 12:46:08 UTC - NOT_HELPFUL

Rated by Participant: 10127F5013FA6D2C5A7FD81F94BD5C75DFB48836495660A405C32D976B7CD10D
Participant Details

Original Note:

The UK is a sovereign currency issuer, taxation hasn't funded Govt spending since Bretton-Woods ended in 1971. Further, something being "unfunded" is a product of arbitrary payback assumption made in the budget model. Explanation of treasury accounting: https://x.com/malcolm_reavell/status/1685589853214220288?s=46&t=t31znkurlEmNGMU4EYog2g

All Note Details

Original Tweet

All Information

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  • version - 2
  • agree - 0
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  • notHelpful - 0
  • helpfulnessLevel - NOT_HELPFUL
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