Birdwatch Note Rating
2024-08-17 11:33:03 UTC - HELPFUL
Rated by Participant: 00245FFBD1A457D0F1CE9C84AC4B9093D4B9808A8C230918559AA58FCF3EFA66
Participant Details
Original Note:
The US federal government does not print money to finance deficit spending. Deficits in the US budget are filled by borrowing money by selling Treasuries, bonds, and other securities. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#:~:text=To%20pay%20for%20a%20deficit,investors%20who%20purchased%20these%20securities.
All Note Details