Birdwatch Note Rating
2024-08-18 03:52:46 UTC - HELPFUL
Rated by Participant: 554E91CACCE2BC7A478D57A024EACA63F970F9E043FB346AB15078264AC3D19E
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