Birdwatch Note Rating
2024-08-16 19:57:25 UTC - HELPFUL
Rated by Participant: 70F7DE72D6B39558BE8A3EA3257D6FB5ED523BC5931C1BFF441EB2B247D45646
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