Birdwatch Note Rating
2024-08-17 04:26:56 UTC - HELPFUL
Rated by Participant: 81B60F96C2562F2B7FD7A7614BF3A84CE3A9EF68CE0721D835B367C768D996A8
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