Birdwatch Note Rating
2024-08-16 16:52:25 UTC - HELPFUL
Rated by Participant: 7B6C17B52687813C3B627F78B4C70176E1C5AFB9B25D5F64F4993E753DE4988A
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