Birdwatch Note Rating
2024-07-09 02:33:11 UTC - NOT_HELPFUL
Rated by Participant: 0D53825C47BF741047366BD5F6202D19DE15A661FBAA78BB88B5E9BF3D7C0241
Participant Details
Original Note:
US Gov issues two types of points on a spreadsheet: cash and bonds, and swaps these on demand (“repayment”). It sets interest on its own debt, via the Fed Gov interest spend is private sector *income* https://www.nytimes.com/2020/06/09/opinion/us-deficit-coronavirus.html youtu.be/TDL4c8fMODk http://www.latimes.com/opinion/op-ed/la-oe-kelton-pony-for-all-20170929-story.html https://mobile.nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html?_r=0&referer=
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