Birdwatch Note Rating
2024-08-18 19:31:29 UTC - NOT_HELPFUL
Rated by Participant: 11941BD441167A7A8A85DC9A0893ECFD1F4D4B0F2758CC5527878779029DE73D
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