Birdwatch Note Rating
2024-08-16 19:47:11 UTC - HELPFUL
Rated by Participant: 808C382ED0A3260C3592FCEB3066C1BC9FA6B3482FD3F625DD7C47C1EB7AE9F7
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