Birdwatch Note Rating
2024-08-16 16:56:25 UTC - NOT_HELPFUL
Rated by Participant: 2A76D3B21CDF9D7B0E635D033E754014A70375D2F7180F943D6F3AB83571504E
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