Birdwatch Note Rating
2024-08-16 17:08:00 UTC - NOT_HELPFUL
Rated by Participant: 243B414CADE81040B0D8A30731635F4AE6F83556920A3637194DF858F2C925FF
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