Birdwatch Note Rating
2024-08-17 15:25:16 UTC - HELPFUL
Rated by Participant: 0EB8E1ADF970AF1D648F10B08DAEF328E6C93250C90E4FB7774C88B286FF69D7
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