Birdwatch Note Rating
2024-08-16 17:34:55 UTC - NOT_HELPFUL
Rated by Participant: 16B0907BC93F7B5498EB8B0C2F27A977D97B2DA197E2A7CFA2E126A10A2B9F2C
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