Birdwatch Note Rating
2024-08-17 11:31:55 UTC - NOT_HELPFUL
Rated by Participant: 7C9E220932DD1D29B89B12B22AA4BF64D04DC591CEE19D573E7A19B667870C43
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