Birdwatch Note Rating
2024-08-16 17:16:09 UTC - NOT_HELPFUL
Rated by Participant: 4B2C9F4E9EA2933F0887A94C2E1E8EEE308E7518826CEE90DA34B1234FB140C7
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