Birdwatch Note Rating
2024-08-16 17:24:24 UTC - NOT_HELPFUL
Rated by Participant: 9A3AE392A63520A7118104B1F48377BA2DD6CDD2A10841FC521425B8F9F14E7B
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