Birdwatch Archive

Birdwatch Note Rating

2024-09-21 16:27:43 UTC - NOT_HELPFUL

Rated by Participant: 6E518F0C547D78197FDA0A863CD8B44D1C6B651ED3330C9212C92EA92127910B
Participant Details

Original Note:

The US issues its own currency: 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 central bank. Debt service as a % of GDP is smaller than in the 1970s So much for a debt burden https://youtu.be/mmuysv17T9M https://youtu.be/GHnW_V5dfu0

All Note Details

Original Tweet

All Information

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