Birdwatch Note Rating
2024-08-16 19:53:24 UTC - NOT_HELPFUL
Rated by Participant: 91AA1C79C8255FBAE6FAE2349F7109C5CD78DE7DEF2A52B6FD171A0CACD34829
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