Birdwatch Note Rating
2024-08-16 17:05:03 UTC - NOT_HELPFUL
Rated by Participant: 7A2D56502C5AA9B330C429DA861934DE400E079C81CB02065F3ED2560CE268C6
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