Birdwatch Note Rating
2024-08-17 15:36:38 UTC - NOT_HELPFUL
Rated by Participant: 7E2330AED158E00AB3A45C45CA896E0947DF13768FC3B36FAE28EDC701C6F4F7
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