Birdwatch Note Rating
2024-08-16 17:27:13 UTC - HELPFUL
Rated by Participant: 00974C1647CE6CE30B125F34AC16A3D622C960681D1868D36147AA3A846E2F42
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