Birdwatch Note Rating
2024-08-16 18:30:36 UTC - HELPFUL
Rated by Participant: 17956E08F5DBAC7F5DBAEDC6E062F5CAF9A32E6E503E1EDBAC0B871F2EFC000E
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