Birdwatch Note Rating
2024-08-16 17:43:14 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 953766F455CC07672AB6702891B4232A759373BEE2D40E0DAD6FFD9632EBF5C6
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