Birdwatch Note Rating
2024-08-16 17:08:01 UTC - HELPFUL
Rated by Participant: 3BA5899617E83C28D5E832A0D49B25C27D0737BA6DB56444A3A76535C85F92B8
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