Birdwatch Note Rating
2024-08-16 17:48:51 UTC - HELPFUL
Rated by Participant: 90A168FFBA49A288E4A78AA5B3381646DCF62DDE2722932BEAC31448034EF59A
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