Birdwatch Note Rating
2024-08-16 16:54:33 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8CEDC7F41AD5DA773A9730BB6B49B171C020761BE7BF60E9382D538E6DFEE308
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