Birdwatch Note Rating
2024-08-16 23:50:30 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 771D7A5660E5A48F5E896D6B5344EE26F35E37B74B9310A4F53BDB016E1E0853
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