Birdwatch Note Rating
2024-08-16 23:13:31 UTC - NOT_HELPFUL
Rated by Participant: 526B1738A9B1F137E2D8C3934F848F9FB34D8E2D3A4562D95923AE5018F0AF7C
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