Birdwatch Note Rating
2024-08-16 19:05:25 UTC - NOT_HELPFUL
Rated by Participant: 3B98C784808D405C5ABC200F2144A5E1074A03562E8932AAD6A8C3D7D52839F3
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