Birdwatch Note Rating
2024-08-17 17:00:35 UTC - NOT_HELPFUL
Rated by Participant: 7CD43FA9C9DF08ECEB17F0B614004A88F8257DAA5622EA7540995A4CBAAB9338
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