Birdwatch Note Rating
2024-08-16 18:53:55 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8FEFF67DE8E8585BF6A2F5D631B9963AF0B642CD4567FAC94D947BCCCF27AB5E
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