Birdwatch Note Rating
2024-08-18 18:09:41 UTC - HELPFUL
Rated by Participant: 50601CE177FC47FB238C2ABBB266791B4E8C3772C956D4F0F8B00044C5B13DB3
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