Birdwatch Note Rating
2024-08-17 03:50:02 UTC - HELPFUL
Rated by Participant: 834C445829CB8F30653F0977FC5B139FE62EA781265633922F198E2AB198EB93
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