Birdwatch Note Rating
2024-08-16 20:35:47 UTC - NOT_HELPFUL
Rated by Participant: 5EA514D1394C4726280A15F7A35CF6FD82A106C718C963E4963F2C4653A3D546
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