Birdwatch Note Rating
2024-08-17 17:02:15 UTC - HELPFUL
Rated by Participant: 8912CBB0DB5398F5A0E52AEC992F34F9632C8773072D1D15D3A1C5ECA73FF4F0
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