Birdwatch Note Rating
2024-08-16 19:54:03 UTC - NOT_HELPFUL
Rated by Participant: 8D31B3505752B8C6D5A2C4880BC9A17A283E7ABA048786EAB67F5F129848338F
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