Birdwatch Note Rating
2024-08-16 18:35:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 784C44D2DF159ADECBB587CDD56B3A55E82E2AD6F483712C78460811C374020A
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