Birdwatch Note Rating
2024-08-18 16:30:56 UTC - HELPFUL
Rated by Participant: 9C11611FEEC2469DCE9F8CD5A5421E3AF1122C749F61E933D9BEF81FC3A0AA05
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