Birdwatch Note Rating
2024-08-17 13:58:36 UTC - HELPFUL
Rated by Participant: 543D064DCD3E973E779C98641C8D6477D2620D9408188C846200BFA200A87DCB
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