Birdwatch Note Rating
2024-08-17 00:13:22 UTC - HELPFUL
Rated by Participant: 3D834F6EEF1C9E82DDD4BEF7953AF6132D5F5E1E52600BCF8E42F18A485CD122
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