Birdwatch Note Rating
2024-08-16 17:46:42 UTC - NOT_HELPFUL
Rated by Participant: 5A3345227375D70A704ABD5B914E69D7E38F39F6998AE6166187BB39BC31C87B
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