Birdwatch Note Rating
2024-08-17 09:47:57 UTC - HELPFUL
Rated by Participant: 39751D20B140D67CFA678D5FBFFE0E7F17E50A654521ADFDE7C94D437EF7BB8E
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