Birdwatch Note Rating
2024-08-16 18:25:17 UTC - NOT_HELPFUL
Rated by Participant: 572D2449041374B6E02D1CA20B4F7F55A58641BB800B87DDFD38160A2D666E70
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