Birdwatch Note Rating
2024-08-16 20:43:23 UTC - NOT_HELPFUL
Rated by Participant: 38722820648A18E170F214D6A2D7C20277A75D2575C48CC340D9F7E0717A3050
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