Birdwatch Note Rating
2024-08-16 17:08:29 UTC - NOT_HELPFUL
Rated by Participant: 3B5119331C3849078864E4CEC32BC0DE95F99512AC43A7B6CA83F4ACC392C920
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