Birdwatch Note Rating
2024-08-18 05:45:27 UTC - HELPFUL
Rated by Participant: 2C8480B4F3D5045D9C3992F7E73C0EAD7A809403FD6BBDA7FA65474F4AE7A167
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