Birdwatch Note Rating
2024-08-16 17:54:28 UTC - HELPFUL
Rated by Participant: 371FD84A5735C034155ADB54C33BC966F38C53B45C1091A9AFD9B9B4B3271C9A
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