Birdwatch Note Rating
2024-08-16 16:56:49 UTC - NOT_HELPFUL
Rated by Participant: 1A5B19119CCFE91A0292AD33E9839CEBD58E27819C4C39A206430C337E070027
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