Birdwatch Note Rating
2024-08-17 01:15:51 UTC - NOT_HELPFUL
Rated by Participant: 1F07D96645DD8524E22F14DDBAC1FCDC5164AC0656EB00B4D28A8A98925453A2
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