Birdwatch Note Rating
2024-08-16 17:29:24 UTC - HELPFUL
Rated by Participant: 4BEFB8CBA7B6896580D9B8AADE43DD3BA998063267633A2AB7C6AB7487C3D5E7
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