Birdwatch Note Rating
2024-08-16 17:16:41 UTC - NOT_HELPFUL
Rated by Participant: 4EB5192077E5BCC24043A3315921C226B8EFA95B1B346D7BD15F43A8617669D0
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