Birdwatch Note Rating
2024-08-16 20:30:43 UTC - NOT_HELPFUL
Rated by Participant: 9BC3727FE55B190534FB4A13690C2847A2A4532F53F2C6049BF747BF93AE7991
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