Birdwatch Note Rating
2024-08-17 19:28:51 UTC - NOT_HELPFUL
Rated by Participant: 26B0B25B810D76FE935B2A2764A2777F3163A5730D41D49713212F6C2FE4C9E3
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