Birdwatch Note Rating
2024-09-16 06:20:56 UTC - HELPFUL
Rated by Participant: 3D6F3C38926D50F57B553B7DFF3D17C3D17151A179367E3D83C2F7527498F437
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