Birdwatch Note Rating
2024-08-18 06:28:15 UTC - NOT_HELPFUL
Rated by Participant: 6FED5C34482F2A44179D8005978AE4E566E5CC30179E45A4FE17F0C1CFCD422B
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