Birdwatch Note Rating
2024-08-17 03:09:08 UTC - NOT_HELPFUL
Rated by Participant: 8CF0D06DC94BC12E923C256F48CB0A8B9EF1340B080E22B045B380185DEC6C6F
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