Birdwatch Note Rating
2024-08-18 03:20:09 UTC - NOT_HELPFUL
Rated by Participant: 998C9A41F7CDD39CB6A03CEE8A571C7A9478FFA26A3D2CC93D6ADB3E14DC1C1F
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