Birdwatch Note Rating
2024-08-16 22:28:32 UTC - NOT_HELPFUL
Rated by Participant: 948F7CE4F8CC175C1DF397CB9B2DFA6FD4D4743EFE8E00A0AF5B0EB2FB3A6F17
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