Birdwatch Note Rating
2024-08-16 18:56:53 UTC - NOT_HELPFUL
Rated by Participant: 885A1882134B9960DBB4C9CA2550F55C634B5AC5E449E3B5097C11C6A2504D5C
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